El Salvador: Inheritance
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Last Updated: Feb 18, 2009
Inheritance tax and law
INHERITANCE
Inheritance is taxed in El Salvador at the standard income tax rates. The following people are subject to tax in El Salvador:
- Estate of a deceased person, provided that the succession procedures are carried on in the country
- Majority of the heirs of the estate are El Salvadorian residents
- The assets or properties are located in El Salvador
INCOME TAX |
|
| TAX BASE, SVC (US$) | TAX RATE |
| Up to 22,000 (US$2,514) | 0% |
| 22,000 – 80,000 (US$9,143) | 10% on band over US$2,514 |
| 80,000 – 200,000 (US$22,875) | 20% on band over US$9,143 |
| Over 200,000 (US$22,875) | 30% on all income over US$22,875 |
| Source: Global Property Guide | |
El Salvador - more data and information
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