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and great-grandparents, siblings etc., it is from 0 to 20% and for the rest in the category C it is from 0 (for very low inheritance) to 40%.
* : Inheritance tax is 10%. The first ISK 5,757,759 is tax free.
* : The taxation of inheritance depends on the value of the property inherited. There are different 5 tax rates. To the value of IQD 20 million the inheritance is tax free. From IQD 20 million to IQD 30 million the rate is 3%, from IQD 30 million to IQD 60 million it is 4%, from IQD 60 million to IQD 90 million 5% and the highest

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