Inheritance tax and inheritance law in Bolivia

Taxation Researcher | August 15, 2021

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