Dutch gifts and inheritance tax

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Dutch gifts and inheritance tax

Anyone who lives or has lived in the Netherlands may be liable for Dutch gifts and inheritance taxes. In this article, Taxsight explains how Dutch gifts and inheritance tax apply.

Dutch gifts and inheritance tax

Dutch gift tax applies to Dutch residents who donate to others. It doesn’t matter if the recipient of the gift lives inside or outside the Netherlands.

Inheritance tax will be applied if a Dutch resident dies. The Dutch inheritance tax also applies if the beneficiary lives outside the Netherlands.

If you were a former resident of the Netherlands, Dutch gifts and inheritance tax also apply. Other situations where Dutch gifts or inheritance tax may apply include:

  • Dutch citizens give gifts or die within 10 years of leaving the Netherlands
  • Other citizens give gifts within a year of leaving the Netherlands

Gift and inheritance tax rates

The rate of inheritance tax is the same as that of general gifts. The charges are as follows.

  • Children and partners: 10% up to 128.750 euros and 20% surplus
  • Grandchildren: 18% up to 128.750 euros and 36% surplus
  • Others: up to 30% of € 128.751 and 40% of surplus

Gift and inheritance tax exemption

There are several gift and inheritance tax exemptions that can be applied. Below is an overview of the gift tax and inheritance tax exemptions.

Exemption from general gift tax

The general gift tax exemption for all is EUR 3.244 (2021). General gift tax exemption is available annually.

A general gift tax exemption between parents and children is EURO 6.604 (2021). Tax exemption is applied annually. Therefore, parents can give gifts every year.

Additional tax exemption between parent and child

In addition to the general gift tax exemption, parents can give additional tax exemption gifts to children between the ages of 18 and 40.

The following additional tax exemptions can only be claimed once in a lifetime.

  • Parents can give an amount of € 26.881 once in a lifetime under a higher gift tax exemption.
  • The tax exemption of € 26.881 can be increased to € 55.996, provided that the gift is used for expensive research.

Gift tax exemption for purchase of primary residence

Relatives or non-relatives between the ages of 18 and 40 may grant an amount of € 105.302 without gift tax, provided that the gift is used for the following purposes:

  • Purchasing a home that will be your main residence
  • Repayment of the loan of the house which is the main residence
  • Renovation of the house that is considered to be the main residence

Inheritance tax exemption

The Dutch inheritance tax exemption is as follows:

  • 21.282 euros for inheritance from parents to children / grandchildren
  • 2.208 euros for inheritance from others
  • € 671.910 between tax partners
  • € 50.397 for inheritance from child to parents
  • From parents to children with disabilities 63.836 euros

Gifts and inheritance tax on business

There are special rules and tax exemptions for gifts or inheritance of businesses. Some of the tax exemption conditions are as follows:

  • It’s about active business, not passive business
  • The previous owner must own the company for at least 5 years for gifts and at least 1 year for death.
  • The person who takes over the business must remain the owner of the business for at least five years.

In addition to gift or inheritance tax exemptions, potential income tax can be passed on to new owners.

Need help with gifts, inheritance tax and other tax conditions? Contact Taxsight for experienced and reliable tax advice.

Dutch gifts and inheritance tax

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