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Germany has an inheritance and gift tax that addresses inheritances and gifts in respect of taxation in a national and international context. This includes the transfer of assets from tax residents and non-residents. This is part 3 of a series of articles.

Germany has an inheritance and gift tax that addresses inheritances and gifts in respect of taxation in a national and international context. This includes the transfer of assets from tax residents and non-residents. If the taxable persons are resident in Germany, the worldwide assets are subject to this tax (as an unlimited tax liability). In the case of non-residents, generally only German assets are taxed (as a limited tax liability), although there are exceptions, particularly for tax residents who transfer their domicile abroad. In a series of articles, we will describe the scenarios of cross-border inheritances and gifts from a German perspective.

In general expatriates relocate to Germany for business or job reasons. However, there is a growing number of expatriates especially from the US and the UK who are moving to Germany when reaching retirement age. The reasons for this move …

The British government published Finance (No. 2) Bill 2015-16 on 24 March 2016. The Bill implements changes announced at the Budget for 2016-2017 and implements specifically  changes anounced at Summer Budget 2015. One of the changes is the increased nil-rate …