{"id":22370,"date":"2022-02-25T18:53:17","date_gmt":"2022-02-25T17:53:17","guid":{"rendered":"https:\/\/fiala.de\/gift-tax-and-inheritance-tax\/"},"modified":"2023-03-30T18:45:08","modified_gmt":"2023-03-30T16:45:08","slug":"gift-tax-and-inheritance-tax","status":"publish","type":"post","link":"https:\/\/www.fiala.de\/en\/gift-tax-and-inheritance-tax\/","title":{"rendered":"Gift tax and inheritance tax"},"content":{"rendered":"
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How to protect your assets from gift tax<\/h2>\n

First of all, it is important to clarify the question of why such a bizarre-sounding<\/strong> tax as the gift tax<\/strong> is actually levied in Germany. The widespread belief that one can freely dispose of one’s own property and private assets, which have already been severely affected by income tax<\/strong>, value added<\/b> tax, wealth tax<\/strong> and\/or capital gains tax<\/strong>, etc., very quickly turns out to be a fallacy<\/strong>. A closer look will reveal two things:
\n1. there is generally no business without father state holding out his hand<\/strong>
\n2. gift tax<\/strong> is regulated in the same law as inheritance tax<\/strong>
\nWhile the former is a bitter but not new realization, the latter quickly reveals what the gift tax<\/strong> is designed to avoid. The gift tax<\/strong> is intended to counteract circumvention of the inheritance tax<\/strong> and is handled in Germany according to the same principle<\/strong> as the inheritance tax. Gift tax<\/strong> applies to individuals who receive assets of any kind(real estate, cash, valuables<\/strong>) as a gift. The amount of gift tax to be paid to the respective tax office<\/strong> depends on the relationship<\/strong> between the donee and the donor and the value of the gift.
\nThe most effective means of avoiding or even avoiding the issue of inheritance and gift tax<\/strong> is to deal with this issue at an early stage. A suitable strategy, especially in the case of large assets<\/strong>, is essential in order to make the best possible use of allowances when making gifts as well as inheriting. We will be happy to advise you individually on further options<\/strong>.<\/p>\n

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How we advise you on the subject of gifts and inheritance tax:<\/h3>\n<\/section>\n
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