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Old 30.03.2011, 22:52
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Vaud Inheritance Tax - Transfer of Property

My mother, a U.S. citizen, owned a condominium in Vaud since 1982. She died in January this year and left the condo to me and my brother in her Will. Is the condo subject to Swiss inheritance tax? Should my brother and I decide to sell the condo, what documentation will I need to bring to Switzerland from the U.S. to change the name on the Deed from my mother to me and my brother? I assume a notarized copy of her Will and a notarised copy of her Death Certificate? Any help appreciated. Thanks.
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Old 31.03.2011, 00:01
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Re: Vaud Inheritance Tax - Transfer of Property

for Canton Vaud:
http://www.vd.ch/fr/themes/etat-droi...suivre/#c11314

(Google translation follows...)

3. The Vaud cantonal tax administration

a) Taxes on Income and Capital
The Authority sends the regular tax return (income-wealth) to the heirs of the deceased who are responsible for completing and returning it to the cantonal tax administration.
Upon receipt, the cantonal tax administration shall tax and tax file final tax bill due to the common day of death.
The Tax Office District sent to the widower or widow's interim determination that its obligations from the date of death. He or she completes and returns it to the Tax Office District.
Upon receipt, the District Tax Office shall register and the sending of additional units with a deposit payment slips (BESR)

b) Inheritance tax


Cases not subject to tax

If the deceased was a person known to be destitute or if the net assets of the estate is clearly below the threshold amounts giving rise to tax, cantonal tax administration attached a questionnaire annexed to the tax "income-wealth ".

If taxable

The provisions relating to inheritance tax provided that it is a lawyer whose mission is to liquidate the marital regime for tax and inventory tax.

To this end, the cantonal tax administration:

imparts to the heirs or their representative within 30 days so that they inform the choice of the notary


Closing inventory checks and then notify the tax statement and a list of estate tax to the notary
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Old 31.03.2011, 00:04
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Re: Vaud Inheritance Tax - Transfer of Property

And beware there will be property transfer taxes, plus the Notary fee. In Canton Fribourg they are: 2% (Canton) + 2% (Village) +1% Notar fee.

In which village is the property? You would need the name and address of the local Notary. He would be able to best advise you about the property transfer, as he would be doing it.

www.directories.ch
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Old 31.03.2011, 02:41
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Re: Vaud Inheritance Tax - Transfer of Property

Thank you for your reply. I've emailed the "Notaire" who helped my mother with the purchase of the condo for advice.
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condominium, inheritance law, selling property, vaud




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