Is there inheritance or gift tax in Switzerland?

Switzerland has no federal inheritance or gift tax. These are purely cantonal matters, and rates vary significantly. Most cantons exempt direct descendants (children, grandchildren) and spouses entirely. Some cantons — notably Schwyz and Obwalden — have abolished inheritance and gift tax altogether.

For more distant relatives or unrelated recipients, rates can be substantial. In cantons that still levy the tax, non-relatives may face rates of 30-50% on inheritances above certain thresholds. The tax is levied in the canton where the deceased was domiciled at time of death (for movable assets) or where the property is located (for real estate).

Foreign residents who lived in Switzerland at death are subject to cantonal inheritance tax on their Swiss assets. Swiss nationals living abroad who inherit Swiss real estate also trigger cantonal tax. Given the variation between cantons, estate planning with cross-border elements requires careful advice.

This is general information only, not professional tax advice. Consult a qualified tax professional for your specific situation.