Tacto (venda)

In various countries, in particular France, the inheritance is the subject of tax levies . One speaks in this case d" tax on the assets or of capital tax

In addition the whole of the taxes paid by a private individual affect his inheritance.

Lastly, the imposed capital can differ from the capital really had inter alia for reasons either of difficult estimate (real estate), or compulsory deductions which decrease the value by it and are not taken into account in its evaluation (capital gains tax at the time of the sale of a wallet).

Taxes taken directly on the inheritance or of the operations of inheritance

The capital taxes and on the assets, are of two kinds:

  • those striking the transmission of the capital or a change of owner in particular Fee registration, of succession or donation, the Imposition of the appreciations, taken at the time of this operation.

These various taxes calculated starting from the importance of the inheritance are transmitted or held (what supposes for the majority of these taxes to estimate the value of it)

The Revenu S of the inheritance (interests, rents, Dividend S, royalties) make on the other hand left the plate of the income tax IRPP….

Incidence on the inheritance

  • the solidarity tax on fortune constitutes a taking away (0,8% beyond of a threshold, in first section) carried out each year.

  • the death taxes constitute a taking away beyond another threshold, of more important percentage, but arriving only once by generation.

The legislator thus has a parameter of adjustment to carry out a combination of these two taxes. Before the creation of the STF (or its ancestor the IGF), 100% of the capital tax proceeded of the second taxation. This one is now distributed on two plates, which allowed a tripling in 2007 (of 50.000 € with 150.000 €) of the threshold of exemption of death taxes.

A problem occurs however which is that of a nonproducing inheritance of interests (large residence, for example) together with weak incomes (typically the payment of a retirement or a pension). As it is established a prohibiting Tax shield as taxation exceeds a certain percentage of the income.

This type of tax is presented by the legislator like tool for redistribution of the richnesses, avoiding with the country finding itself in a blockade situation due to an increase in the inequalities (indeed, the possession of an important inheritance makes it possible for example to borrow frombetter rates taking into account a less risk for the bank which carries out the loan). It is the argument known as of Social justice, conceived as a means of fighting against the “circle of accumulation” (the owner of capital thanks to its capital collects capital which comes to be added has its capital and allows him to collect always more capital).

Abolition two centuries ago in France of the Droit of seniority already gives however to the inheritance a tendency natural to disperse with the wire of the generations, without counting the possible reverses of fortune.

Economic incidence

At the economic level, the taxation of the inheritance, in the countries where she is considered excessive, can make fear a Capital flight. This escape is observed indeed on the liquidities. The landowners, were modest, cannot however free themselves some.

Random links:Headlights of the island of Aix | February 6th in the railroads | Naru Osaka | Songs for the elite | Because I Coils It | Contact_(bande)