Inheritance

June 05, 2018

INHERITANCE TAX

Inheritance tax is levied at different rates, depending on the relationship between the deceased and the heirs.

Inheritance tax is levied at a flat rate of 3% if the transfer is in direct line of succession (children and parents) or between spouses. Inheritance tax is levied at 5% for all other heirs or beneficiaries.

Inheritance tax is levied on the market value of all the property of the benefactor. A lump-sum allowance of DZD50,000 (€455) is granted for funeral expenses.

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