Where is it better to transfer your assets ?

Transferring Assets: A Global Perspective

When considering asset transfer from parents to children, inheritance tax rates play a crucial role. Here’s a comparison of some countries, including France, Italy, and Spain, along with their inheritance tax rates.

Country	Inheritance Tax Rate	Notes
United States	Varies by state	No federal inheritance tax; some states have taxes.
Australia	0%	No inheritance tax; capital gains tax may apply.
Canada	0%	No inheritance tax; deemed disposition applies.
New Zealand	0%	No inheritance tax; gifts may be taxed.
France	5% - 60%	Progressive rates; significant exemptions for direct heirs.
Italy	4% - 8%	Progressive rates; lower rates for direct descendants.
Spain	7.65% - 34%	Regional variations; exemptions available based on relationship.
Japan	10% - 55%	Progressive rates; relatively high.
Germany	7% - 50%	Progressive rates; exemptions available.

Conclusion

For families looking to transfer assets, countries like Australia, Canada, and New Zealand stand out with no inheritance tax. In contrast, France, Italy, and Spain have varying rates, but they also provide exemptions that can benefit direct heirs. Always consult with a financial advisor or tax professional when considering asset transfers to understand the best approach for your situation.