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Grunderwerbsteuer

Charles Kingston - REFIRE

REFIRE

Chaos in Berlin, with numerous political parties vying for power, each following its own agenda with nothing but contempt for the others. Thousands of people flooding into the city, driven to explore the arts, humanities... Read more

Opinion

Jürgen Michael Schick - IVD

Immobilienverband Deutschland IVD

Germany’s property brokers are up in arms at what they see is a further assault on their validity and competence, as the German ruling coalition government in Berlin look at further measures to lower the costs of acquiring property... Read more

Markets

Dr. Andreas Mattner

Zentraler Immobilien Ausschuss (ZIA)

As Germany’s coalition partners the SPD and the CDU/CSU union look set to finally agree on a new programme for government, there may finally be some movement in attempts to address the issue of share deals when buying property. Read more

Markets

Charles Kingston - REFIRE

REFIRE

It's clear that real estate will play a dominant role in the forthcoming German elections, more so than in the recent past – and all the main political parties are rehearsing taking strong, principled positions before the hustings begin in earnest... Read more

Opinion

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... Read more

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... Read more

Markets

Grunderwerbssteuer

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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... Read more

Markets

Grunderwerbssteuer

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Germany's sixteen state finance ministers are stepping up the pace in their efforts to close what they view as an unfair tax loophole which benefits corporations at the expense of private individuals when purchasing German property. At issue is... Read more

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. Read more

Markets

Immobilienwirtschaft 2016

© EUROFORUM Deutschland 2016

The issue of Germany's housing shortage in the country's largest cities was much discussed at the recent annual Handelsblatt Immobilientagung in Hamburg. Delegates were unanimous that only a broader building programme had any hope of providing a... Read more

Markets

Düsseldorf

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Following hot on the heels of the state of Hesse, which precipitated a rush on the available notaries in the state when it raised its acquisition transfer tax (Grunderwerbsteuer) prematurely in August, North Rhine Westphalia has now also announced... Read more

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... Read more

Markets

Grunderwerbssteuer

© MAST - Fotolia.com

The applicable rate of property transfer tax, or Grunderwerbsteuer, a sort of stamp duty payable on the purchase of property in Germany, has been rising steadily in Germany over the past six years, a subject on which we have often reported in REFIRE. Read more

Markets

Grunderwerbssteuer

© stockWERK - Fotolia.com

Investors in German real estate in the northern federal states of Berlin, Schleswig-Holstein, Bremen and Lower Saxony will have to brace themselves for a further increase in the Grunderwerbssteuer, or property transfer tax, a sort of stamp duty... Read more

Markets