26 September 2018

German Real Estate Transfer Tax reform plans for "share deals" unveiled

In June 2018, the Conference of the German State Finance Ministers agreed to implement new rules to tighten the taxation of "share deals" in companies owning German real estate with the real estate transfer tax (RETT). The Federal Ministry of Finance (MOF) was asked to prepare a technical draft bill. On September 13, in the presence of an MOF representative, potential provisions of such a draft bill were discussed in a non-official public setting.

A Global Tax Alert, attached below, provides additional details.

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ATTACHMENT

Full text of this Tax Alert

Document ID: 2018-1901