What do you know about the gift tax for immigrants to Holland?

In the Netherlands, it is generally known that if you give or leave your life savings to others, you will inevitably encounter gift tax or inheritance tax, whether in your lifetime or after a hundred years. These two taxes are very common in western countries, and they go hand in hand, because if there is no gift tax, people will transfer their property to their descendants, relatives and friends before they die to avoid inheritance tax.

There are two reasons for the Dutch government to levy gift tax, namely, the relationship between the donor and the recipient and the amount of the gift. Moreover, the relationship between the two parties and the purpose of accepting gifts also determine the threshold of gift tax. The threshold of Dutch gift tax is divided into annual gift and one-time gift, and the lowest tax rate above the threshold is 10%, that is, 40%.

It should be a good way to avoid taxes for the Dutch who have a little economic strength to transfer their assets to their children or others in time by using the tax-free annual gift quota. For example, if a couple gives their child about 565,438+000 euros a year before the child is 65,438+08 years old (this amount is stipulated by the government every year, which will fluctuate slightly), plus accumulated interest, by the time he reaches adulthood, he will have a wealth of 65,438+/kloc-0.1 billion euros, and he has not paid a penny of gift tax. If this money is inherited as an inheritance when parents die, only the inheritance tax will cost 8940 euros, calculated at 654.38+ 10,000 euros.

When the Dutch government formulated the gift tax policy, it also took into account people's life events such as buying a house and studying, and stipulated that a one-time tax-free high gift was allowed. The recent economic situation has prompted the Dutch government to make a series of adjustments to the collection policy of gift tax, adjusting the upper age limit of children involved in one-time gift from 35 to 40, and raising the threshold of one-time gift tax to stimulate the development of the housing market: if the recipient accepts gifts for the purpose of buying a house and living in it, the exemption amount of gift tax will even reach 6,543,800 euros.