TLDR: You are generally taxed at 35% up to €24,430 of your taxable net share, then at 45% above that amount. An exemption may apply if you meet all the legal conditions. Otherwise, an allowance of €15,932 may be applied to your share.
The rate between brothers and sisters
Inheritance tax is calculated on the taxable net share that you receive:
- 35% up to €24,430;
- 45% above €24,430.
The rate applies to the net share received by each brother or sister.
When you may benefit from an exemption
Your share may be exempt if you cumulatively meet the conditions provided for by Article 796-0 ter of the General Tax Code.
When the succession opens, you must be single, widowed, divorced or legally separated. You must also:
- be over 50 years old or have a disability preventing you from providing for your needs through your work;
- have had your permanent home with the deceased during the five years preceding the death.
Situations excluded from the exemption
You cannot benefit from this exemption if you are married, even if you lived with the deceased.
A de facto separation is not sufficient either. The separation must be legally recognized, such as a legal separation.
The €15,932 allowance
When the exemption provided for by Article 796-0 ter does not apply, an allowance of €15,932 is provided for on the share of each living brother or sister or of each brother or sister represented following a predecease or renunciation.
When representatives receive the share of a predeceased or renouncing brother or sister, the allowance is divided between them according to the rules of legal devolution.