Over at the Tax Foundation, a broad overview of inheritance taxes, estate taxes, and gift taxes, in Europe.
Makes the point that, despite how tempting these might be for policy-makers, the potential downsides ought to make them think again.
Wealth transfer taxes are becoming popular in discussions among African tax policy-makers. They are often touted as a possible means of raising new taxes to finance the post-covid recovery. But, as the article points out, things might not be quite so straightforward.
There’s certainly a nuanced policy discussion to be had. Lots of policy questions to wade through (such as those here), plus debates about the potential effectiveness of any adopted measures. In all, a tax worth considering, but tread with caution.