Tax Rules for Individuals Who Die Leaving an Inheritance

On October 26, 2025, the Directorate General of Taxes released guidance on the tax treatment of individuals who die leaving an inheritance. The guidance outlines the obligations that heirs must follow when reporting inherited assets.

A deceased individual is treated as a taxable entity, and the inherited assets may be subject to income tax and/or inheritance tax. Reporting procedures require filing an inheritance tax return and paying the applicable rates.

The guidance clarifies taxpayers’ responsibilities and assists the tax authority in enforcing compliance on estate taxes. Understanding these rules enables heirs to meet their tax obligations promptly.