Which transactions are subject to inheritance and gift tax law?

Inheritance tax or gift tax applies in particular to:

• the acquisition by reason of death
  • acquisition by inheritance on the basis of legal, testamentary or contractual succession;
  • acquisition by bequest;
  • acquisition on the basis of an asserted claim to a compulsory portion;
  • the acquisition of a pecuniary advantage on the basis of a contract concluded by the testator (e.g. life insurance).
• the gift inter vivos

A gift is deemed to be any free gift inter vivos, insofar as the recipient is enriched by the gift at the expense of the person making the gift.