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Thomas Schäfer

Grunderwerbssteuer

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The German government is gearing up to abolish share deals that enable corporations to wriggle out of paying the Grunderwerbsteuer - or property transfer tax - that regular citizens are obliged to pay, in a move that would generate a sizeable... more

May 16, 2017 2:45 PM Markets

Grunderwerbssteuer

© stockWERK - Fotolia.com

Germany's federal states hauled in a record €12.4bn in Grunderwerbsteuer (property transfer tax), a rise of 10.2% over 2015, based on the €240.5bn of property transactions across the country last year, itself up 9.6% on the previous year... more

Mar 14, 2017 10:00 AM Markets

Grunderwerbssteuer

© stockWERK - Fotolia.com

It has long been a thorn in the side of Germany's sixteen individual state ministers of finance that clever corporations are able to voice the Grunderwerbsteuer, or land transfer tax, when buying property. Individuals are unable to avoid being... more

Jan 9, 2017 10:00 AM Markets

Thomas Schäfer - Hessen

HMdF

It has become an increasing irritant for finance ministers in Germany's sixteen federal states that investors in real estate are increasingly exercising a loophole to avoid paying Grunderwerbsteuer, or land transfer tax, when buying property. more

Oct 13, 2016 10:00 AM Markets

Frankfurt

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Getting an appointment with a notary in Frankfurt these days is like trying to get a table at a long-since booked-out favourite restaurant. You’ll only get one if you’ve got VERY special connections. Part of the reason is the decision by the... more

Sep 1, 2014 10:00 AM Markets