How much tax do I have to pay on a succession?

Last update: 10/5/2012

None, because the tax on successions was repealed on 1 August 2008. However, the acquisition of immoveables by succession is taxable by the tax on the transfer of real property ( Grunderwerbssteuer ).

Detailed information

How much inheritance tax?

Following a ruling pronounced by the Constitutional Court, death duties have not been levied in Austria since 1 August 2008. However, the acquisition of real estate pursuant to an inheritance has been subject to transfer tax (Grunderwerbssteuer) since 1 August 2008. In general, the rate of transfer tax is 3.5% of the taxable base (the equivalent of three times the applicable value for tax purposes). When the real estate is acquired by the surviving spouse, the father or mother, a child, a grandchild, an illegitimate child, an adopted child or a stepchild of the deceased, this rate is 2%.

Can the estate be subject to taxation in one or more Member States? Are there double taxation agreements?

Click here to find the list of double taxation agreements concluded by Austria.