The new tax law puts a strain on medium-sized businesses in booming regions because it is now becoming particularly expensive to inherit real estate there. The really rich will benefit.
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Johanna pounds
An appointment with the notary before the end of the year? There’s no one left. It’s not the usual year-end business that bursts the calendar. It’s panic. Many homeowners want to transfer their property to children or grandchildren before the rules for inheritance tax change on January 1st. Anyone who thought that there was still a few years left to give or inheritance was startled when the new details of the annual tax law casually became known recently and the first experts made it clear to the population what the harmless-sounding “adjustment of the regulations for real estate valuation” was. means: namely that the taxes in the future – to put it simply – are more strongly based on the value of the property and can therefore rise many times over in some places. As stated, the adjustment is likely to further contribute to the wealth concentration that is already taking place.