How much tax do I have to pay on a succession?
Last update: 10/3/2012
Tax on the succession is defined as tax on the transfer of property duty. It depends on which category of heir inherits and if the deceased has left a will.
Detailed information
How much are death duties?
Tax on the succession is defined as tax on the transfer of property duty. It depends on which category of heir inherits and if the deceased has left a will. Civil Procedure law provides the State fee in matters regarding confirmation of inheritance rights and in matters regarding last will instruction instruments or the coming into lawful effect of an inheritance contract. (Civil Procedure law of Latvia, Art. 34)
For each official duty performed by sworn notaries they have the right to receive remuneration irrespective of the State fees. (Notariat law, Art. 163)
Can the estate be subject to taxation in one or more Member States? Are there double taxation agreements?
The estate property is not subject to double taxation.
Click here to find the list of double taxation agreements concluded by Latvia.
