Inheritance and Gift Taxation in the Context of Ageing

Demographic developments taking place in all European countries lead to ageing societies and a decrease of the labour force and accordingly the labour share in total income. Against this background, options to secure the long-term sufficiency and sustainability of European tax systems need to be explored. The project models the future wealth distribution in five selected EU member countries (Germany, France, Italy, Finland, and Ireland) to derive inheritances based on different demographic and wealth projection scenarios. On this basis, various inheritance tax scenarios are simulated to estimate potential inheritance tax revenues for a projection period of 30 years.