Inheritance tax decision – each inheritor receives their own decision

The processing time for a deed of estate inventory at the Tax Administration is usually 6–12 months. After the deed is processed, each inheritor receives their own tax decision with their own amount of inheritance tax. 

The decision states whether the property values and deductions stated in the deed of estate inventory have been accepted as the basis of inheritance tax assessment.

If no inheritance tax is imposed and we cannot send the inheritance tax decision to all inheritors, we will send the decision to the estate’s representative. 

Keep the tax decision

Keep the tax decision together with the deed of estate inventory.

For example, if you later sell property that you have inherited, you may need to check its taxable value in the inheritance tax decision. The taxable value will be used as the acquisition price of the inherited property when calculating the resulting capital gain or capital loss.