Gift tax rates for movable property in Wallonia
What is meant by legal cohabitant in the Walloon Region?
Legal cohabitant in the Walloon Region refers to:
- the person who is domiciled with the donor at the time of the gift and
- with whom the donor has made a declaration of legalized cohabitation in accordance with the provisions of the Civil Code or the Code of Private International Law.
What is the rate when giving movable property to a spouse/legal cohabitant in the Walloon Region?
When a gift of movable property (securities, money, jewellery, antiques ...) is submitted for registration, a gift tax of normally 3,3 % is levied on the donee’s gross share.
However, if the gift of movable property depends on a condition that is fulfilled by the donor’s death, the gift tax for a gift of immovable property is levied.
What is the rate when giving movable property to a relative in the direct line (child, grandchild, parent, grandparent) in the Walloon Region?
When a gift of movable property (securities, money, jewellery, antiques ...) is submitted for registration, a gift tax of normally 3,3 % is levied on the donee’s gross share.
However, if the gift of movable property depends on a condition that is fulfilled by the donor’s death, the gift tax for a gift of immovable property is levied.
What is the rate when giving movable property to a brother or sister, uncle or aunt, nephew or niece in the Walloon Region?
When a gift of movable property (securities, money, jewellery, antiques ...) is submitted for registration, a gift tax of normally 5,5 % is levied on the donee’s gross share.
However, if the gift of movable property depends on a condition that is fulfilled by the donor’s death, the gift tax for a gift of immovable property is levied.
What is the rate when giving movable property to a person other than a spouse/legal cohabitant or a relative in the direct line, a brother, sister, uncle, aunt, nephew or niece in the Walloon Region?
When a gift of movable property (securities, money, jewellery, antiques ...) is submitted for registration, the following gift tax is normally levied on the donee’s gross share:
- 7,7 % tax on deeds for gifts of movable property, executed up to and including 31 December 2017;
- 5,5 % tax on deeds for gifts of movable property, executed from 1 January 2018.
However, if the gift of movable property depends on a condition that is fulfilled by the donor’s death, the gift tax for a gift of immovable property is levied.
