German Inheritance Tax: Personal Tax-free Exemptions 2019

Personal Tax-free Exemption

The personal tax-free exemption (Freibetrag) depends on the familial relationship between deceased and beneficiary. In...

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German Inheritance Tax Rates 2019

The tax rates depend on the tax class and the value of the taxable acquisition of the beneficiary.

Determination of the Tax Class

The tax class...

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Estate Tax: Effect of the Tax Cut and Jobs Act on German Domiciliaries

On December 22, 2017, Public Law 115‑97 ("Tax Cuts and Jobs Act") was enacted. Sec. 11061 of the Act more than doubles the estate and gift tax...

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U.S. Tax Court: German Who Gave Up U.S. Residency Liable for Exit Tax

The case involved a German national, Mr. Topsnik. Mr. Topsnik was born in Germany and moved to the U.S. obtaining a green card and residency status in...

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New Regulations Change Withholding Requirements for Dispositions of U.S. Real Property

The IRS has issued regulations pursuant to the Protecting Americans from Tax Hikes Act (“PATH”) that make changes to the income tax withholding...

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Michael Jackson and US-Federal Estate Tax

The increase in the estate tax threshold to $5.25 million has significantly decreased the estates captured by the U.S. estate tax. The IRS reported...

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German Inheritance Tax: Tax rates 2014

According to § 19 (1) of the German inheritance tax act the tax rates of the German inheritance tax are as follows for death in 2014:

Taxable...

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ECJ Rules that the German Inheritance Tax Act Violates European Law

This summer we reported on the Advocate General’s opinion on the matter Yvon Welte v. Finanzamt Velbert. The matter concerns the question as to...

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German Inheritance Tax: Federal Tax Court judgment on double (inheritance) taxation

On 19.6.2013 the German Federal Tax Court held that the guarantee of property does not require Germany to credit foreign inheritance tax levied by...

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