USA: Estate Tax treaties

The U.S. is a signatory to several important estate, gift, and generation-skipping transfer tax treaties. The article gives a short introduction to the requirements and the benefits of the existing treaties.

Tax treaties with respect to estate, gift and generation-skipping tax are currently in force with 19 countries. However, not every treaty covers estate, gift and generation-skipping tax (see attached table).

The tax treaties generally apply to Estates of deceased persons whose domicile at their death was in one or both of the Contracting States, and Gifts of donors whose domicile at the making of a gift was in one or both of the Contracting States. Double taxation is either avoided by defining the fiscal domicile (see Art. 4 of the German-US estate and inheritance treaty), limiting the right of situs taxation (see Art. 8 German-US estate and inheritance treaty) or allowing for relief against the taxes paid in the other jurisdiction (e.g. Switzerland).

Rate this article
0 Rates (0 %)

Do You have any Questions?

We look forward to assisting you. For the sake of simplicity and efficiency, we request that you use our contact form for your inquiry and describe the matter as clearly as possible. In addition, you can include relevant attachments. After submitting your inquiry, we will contact you either by telephone or e-mail within one working day. If we can assist, we will suggest a time and date for an initial consultation. Of course, you can also contact this firm or a particular attorney directly to make an appointment for a personal consultation or telephone consultation (find contact details here). Please be advised that no attorney-client relationship is created by sending us an email or filling out this contact form. For information on our fees, please click here.