There is no federal inheritance and gift tax in Switzerland. There is no harmonization in respect of such taxes. Thus, each canton has a different inheritance and gift tax law.
Intercantonal allocation is governed by case law.
In certain cantons the donor is subject to a joint liability for gift taxes. The tax is normally calculated on the net value of assets transferred. Assets are valuated at the fair market value. The rates are rather different from canton to canton. In general, the rates are progressive, depending on the degree of relationship and the amount received.