The acquisition of a family home by a child is not tax privileged if left for use to a third party without consideration, even in the case of close relatives. [Read more…] about Federal Finance Court (II R 32/15) – October 5, 2016
Case Law
Federal Finance Court (II R 37/13) – September 27, 2016
The tax cannot be reduced according to § 27 Inheritance and Gift Tax Act (IGTA) if the first acquisition was not subject to the IGTA. A foreign tax – even if it is comparable to the German Inheritance and Gift Tax – does not come under § 27 para. 1 IGTA. [Read more…] about Federal Finance Court (II R 37/13) – September 27, 2016
Federal Finance Court (II R 41/14) – June 6, 2016
Even in the case of spouses an individual account is solely attributed to the account holder, in contrast to a joint account. [Read more…] about Federal Finance Court (II R 41/14) – June 6, 2016