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Dying in Poland - Inheritance tax ?

PolanglikThreads: 40 Posts: 883 Joined: May 16, 07	Nov 8, 07, 17:27 / #
I know that in UK inheritance tax is a burden that is now affecting most of the 'middle classes', and not the very rich for which it was originally intended. Although in many cases the 'very rich' have lawyers/accountants who can advise them how to avoid this tax ! Here in UK i believe there is a tax threshold of approx £250 000, after which the government takes 40% of the remainder. This inheritance tax is not paid by surviving spouse, but by children or other beneficiaries. On my last visit to Poland I was told that that the inheritance laws are more beneficial in Poland to beneficiaries than they are in UK; as long as the will is disclosed within 3-6 months then very close relatives of the deceased pay little or no inheritance tax. Has anyone got any concrete information on this matter ?

witek7205Threads: 1 Posts: 80 Joined: Jul 7, 07	Nov 8, 07, 20:37 / #
Yes. There is no inheritance tax in Poland if beneficiaries are close family members (spouse, children, parents, siblings) and inheritance is on territory of Poland or is executed in Poland and beneficiaries are residents of EU. This also applies to inheritance abroad if beneficiaries are Polish citizens or permanent residents. If you are resident or citizen of another country , law of that country also applies to you.

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