There is no inheritance or gifts tax in Portugal. However stamp tax does apply on some gift or inheritance situations.

Though there exist forced heirship rules for national citizens for non Portuguese citizens the inheritance rules are in most cases those applied by their home country.

The stamp tax applied on certain assets in an inheritance situation depends on the family relationship the beneficiary has with the deceased. Transfers between the deceased and their parents or children are exempt from stamp tax. There is an exception for property which is always subject to stamp tax at .8 of a percent based on the taxable value. If the transfer of the property is not made to the parents or children of the deceased the rate of stamp tax becomes 10.8%.

In addition to the above stamp tax is only applied to certain assets in an inheritance tax situation and only on assets which are physically located in Portugal