Inheritance Taxes

: preg_replace(): The /e modifier is deprecated, use preg_replace_callback instead in /home/monacola/public_html/includes/ on line 291.

Monaco has a "succession tax" or "inheritance tax" that applies to transfers decedents or their estates. It is not an "estate tax," because the rate varies according to the relationship to the decedent, and the tax is paid by the recipient, unless otherwise agreed. The rate is generally zero for very close family relationships and a maximum of 16% for persons with no relationship to the decedent.