Finland · Tax regime

Finnish Inheritance and Gift Tax

Reformed Last verified July 2026

NOT abolished, despite persistent reports. A report proposed replacing it with a capital gains tax; it was not implemented. For 2026 the tax-free threshold rose from EUR 20,000 to EUR 30,000, the gift tax threshold from EUR 5,000 to EUR 7,500 (3-year rolling), and the household goods exemption from EUR 4,000 to EUR 7,500. In March 2026 Finance Minister Riikka Purra explicitly ruled out abolition, citing at least EUR 1bn of revenue loss.

The reports of Finnish inheritance tax abolition are wrong and they keep circulating. The Finance Minister rejected the proposal in March 2026 — publicly, and against members of her own coalition — on revenue grounds. What actually happened was a modest raising of thresholds. Do not build a Finnish estate plan on abolition that is not coming.

Qualifying routes

€30k
Inheritance tax

tax-free threshold for 2026, raised from EUR 20,000

€7.5k
Gift tax

threshold raised from EUR 5,000, on a 3-year rolling basis

The facts

Qualifying figure
€30k
Total landed cost
Progressive rates on estates above EUR 30,000, with rates depending on the relationship class.
Physical presence
Finnish residence of the deceased or the beneficiary, or Finnish-situated assets
Family
rates depend on the relationship class between deceased and beneficiary
Permanent residency
n/a
Citizenship
n/a
Language test
n/a
Dual citizenship
Permitted
Requirements
Finnish residence of the deceased or beneficiary, or Finnish-situated assets
What can go wrong
  • Finnish inheritance tax has NOT been abolished and, on the Finance Minister's March 2026 statement, will not be. The abolition reports refer to a report that was not implemented.
  • Finland has NO exit tax in force. A 2022 Ministry of Finance draft (using a 4-of-10-years residence test, not a 3-year lookback) drew heavy opposition and never became law. We could not verify a formal withdrawal, so treat its status as dormant rather than dead.
  • The 2026 threshold rises are modest: EUR 30,000 for inheritance, EUR 7,500 for gifts on a 3-year rolling basis.
  • Finland's top marginal on earned income fell to roughly 52% from 2026 — the widely quoted ~57% is out of date.
Sources (4)

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