Iran Home Middle East Iran Inheritance Will in Iran More IR × Iran Financial Overview Overview Income Tax et al Tax Example Taxes if Resident Buying Guide Landlord and Tenant Property Inheritance Country Statistics Property Investments Key Contacts Accountants Lawyers Real Estate Agents Inheritance tax and inheritance law in Iran June 15, 2017 INHERITANCE TAX Inheritance taxes are levied at progressive rates depending on the relationship between the deceased and the heir. Category I: (first degree heirs) parents, spouse, children, grandchildren Category II: (second degree heirs) grandparents, siblings, nieces, nephews Category III: (third degree heirs) uncles, aunts, children of uncles and aunts The taxable inheritance is the gross estate. The whole estate of an Iranian is subject to inheritance tax, regardless of location. Non-Iranians are subject to inheritance tax only on property located in Iran. A deduction allowance of IRR30 million (US$923) is extended to each first degree heir. First degree heirs who are below 20 years of age or are incapacitated are entitled to the maximum deduction allowance of IRR50 million (US$1,539). INHERITANCE TAX TAX BASE, IRR (US$) I II III Up to 50 million (US$1,539) 5% 15% 35% 50 million – 200 million (US$6,153) 15% 25% 45% 200 million – 500 million (US$15,385) 25% 35% 55% Over 500 million (US$15,385) 35% 45% 65% Source: Global Property Guide Iran - More data and information How high is income tax on residents in Iran? Comments mahin | July 13, 2010 Could you please tell me that inheritance tax should be paid in a lump sum when tax is calculated on all assets or can be paid individually when every property has been sold. Many Thanks in advance if you reply to me soon. Sara | August 12, 2010 My grandfathre dies years ago in Iran. What is the time frame in which one should file for his inheritance if no one has done it yet? In another words, how many yaers after his death the government may take over his belongings if no one has claimed them? Thanks! Login or Register to submit a comment! In order to promote open and spam-free conversations, Global Property Guide moderates commetns on all articles. You can expect that your comment will be published within 24 hours.