Global Property Guide

Financial Information for Residential Property Buyers


Inheritance tax and law

Last Updated: May 07, 2012

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

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