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%
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