Taxation

Gift tax

Regional tax levied on the free transfer of real estate between living persons.

Full definition

Gift tax is a regional tax levied on the donation of property by notarial deed. Rates are progressive and vary by region and family relationship. In Flanders: 3% in direct line and between partners (9% between others).

Related terms

Property donation

Free transfer of a property during one's lifetime, subject to donation tax.

Inheritance tax

Regional tax due on the transfer of a property estate upon death.

Usufruct

Temporary real right to use and enjoy a property belonging to another (the bare owner).

Useful links

Property prices Notary fees Estimation

FAQ

Regional tax levied on the free transfer of real estate between living persons.