Real estate: why the property tax is likely to rise – economy


Only every tenth German municipality increased the tax for property owners in 2020. But it can get even more expensive where the load is already high. The most important questions and answers.

from

Thomas Öchsner

What each individual pays is not too much, but the overall result is a lot of money: property owners in Germany pay an average of 172 euros in property tax per year. This brought the coffers of the municipalities and cities around 14.7 billion euros last year, if you add the property tax for agricultural and forestry land. However, the differences are considerable, shows one study of the consulting company EY (formerly Ernst & Young). For example, the taxpayers in Bavaria fare much better than those in North Rhine-Westphalia. Why the property tax could increase in the future, especially in financially weak municipalities.

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