Yesterday's news of "bequest tax" made many people nervous:
It also made many people excited, and it is estimated that there are many friends like this:
And take out this picture to be scary:
Actually, you don't have to.
01
As early as 2017, you read it right, 6 years ago, Lao Nan wrote "Rumors without roots" on the public account What is the middle class afraid of? , specifically analyzed the inheritance tax with you.
Look at the circle of friends of these sales elites, "inheritance tax is about to be introduced", all these 6 years, still engaged in panic marketing.
As early as 2017, the Ministry of Finance made it clear that there is no estate tax legislative plan, and the complexity of inheritance tax collection:
Even around the world, many countries and regions are gradually abolishing inheritance tax:
Because the real rich, through various methods, avoid high inheritance taxes. According to statistics released by the IRS, U.S. estate tax filings have fallen by 76% in 10 years.
The inheritance tax not only did not eliminate the gap between the rich and the poor, but many rich people also ran.
02
Lao Nanyi, a friend who is doing overseas tax planning, directly said:
The interpretation of this news can quickly tell whether it is a brick or an expert. Countries without inheritance taxes are more difficult to plan, such as Canada. Countries with inheritance taxes are also not necessarily planning, such as Samsung heirs.
The former means that the inheritance tax has not yet been introduced, and the sales and you say to buy insurance and buy trust to avoid tax, but no insurance company or trust company dares to promise in black and white that the inheritance tax can be avoided in the future. Because I don't know how the inheritance tax will be levied in the future.
As for the latter, Bloomberg reported on the 26th that as of last month, in order to pay a huge inheritance tax, the survivor of Lee Kun-hee, former chairman of South Korea's Samsung Group, has borrowed about $3 billion. If you are rich to this level, you can't hide from it.
Another trust company in Laonan, the CEO in charge of family trust, also directly criticized peers who used this news to engage in panic marketing in the circle of friends, believing that it corrupted the industry atmosphere.
Including this statement and the news itself, from a legal point of view, it is also very imprecise. From a legal point of view, "bequest tax" ≠ "inheritance tax" + "gift tax" are completely different concepts.
Bequest is a very clear legal term that refers to the gift of a gift to someone other than the heirs through a will.
Inheritance and gifts, the former is inherited after death, the latter is a gift during life, often supporting laws, such as the United States.
03
Lao Nan's judgment is still the same as 6 years ago, inheritance tax, gift tax, including bequest tax, is no longer the mainstream of global tax law legislation, and many countries and regions are withdrawing.
Because it is easy to lead to panic outflow of money from the rich, it is very harmful to the domestic economy. Second, according to global experience, inheritance taxes have significantly increased tax revenues.
But in any case, those who rely on this kind of panic marketing are either stupid or bad.
knot
Finally, if you are interested, you can study the Vanderbilt family in the United States, the third richest family after Rockefeller and Carnegie. Then the rich were abolished after only three generations, and in less than 100 years, the huge wealth dissipated.
In fact, if you study, you will find that it is particularly valuable for reference, not only for wealthy families, but also for ordinary families.
Many times, we give the next generation not only money, but also excellent family spirit. Otherwise, no matter how much money you have, it will be easy to run out in one fell swoop.
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