INHERITANCE TAX, WEALTH TAX, ESTATE TAX, DEATH TAX, CAPITAL GAIN TAX, OR OTHER SIMILAR TAX
What are the taxes payable upon death?
An inheritance or other similar taxes (wealth, estate, etc.) upon death may impact adversely based on your country of residence. Muslims should do all legally possible to minimize taxes (inheritance, wealth, or estate), i.e., create a smart Islamic estate plan. Wassiyyah has an exclusive guide for an inheritance, wealth, estate, and capital gain tax applicable for Canada, USA, Australia, China, India, and more available for Premium members.
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