Inheritance tax and inheritance law in Bolivia

Taxation Researcher | March 15, 2020

INHERITANCE TAX
(impuesto a las sucesiones y a las transmisiones gratuitas de bienes)

Individuals inheriting Bolivian property are subject to inheritance tax (impuesto a las sucesiones y a las transmisiones gratuitas de bienes). Inheritance tax is levied on the market value of the inheritance, depending on the relationship between the heirs and the deceased.

INHERITANCE TAX

CLASSIFICATION OF HEIRS TAX RATE
Spouse, ascendants, and descendants
1%
Siblings, nephews, and nieces
10%
Other heirs
20%
Source: Global Property Guide
 

Comments

Be the first to comment on this article!

Login or Register to submit a comment!
In order to promote open and spam-free conversations, Global Property Guide moderates commetns on all articles. You can expect that your comment will be published within 24 hours.