Inheritance Tax

Inheritance Tax (Imposto Transmissão Causa Mortis e Doação - ITCMD)

The inheritance tax (ITCMD) is a state tax on transfers of goods on death-related inventories or donations. ITCMD is usually payable on real estate or lump sums of cash.

The Federal State of Brazil has fixed the amount of ITCMD at eight percent. However, each state may set a different rate; for example in the State of São Paulo the inheritance tax payable is four percent.

• For links to state secretariats throughout Brazil