Money Donations

Money donation tax rate  for A’ degree relatives   (children, parents, wife or husband)

Money donations between relatives of this category is free of tax, up to the amount of 800.000€.

Excess amount is taxed on a 10% rate.

Money donation tax rate  for B’ degree rest relatives (brothers,uncles,niece,grandchildren etc)

20%

Money donation tax rates for rest relatives and non-relatives

40%