A recent European Court of Justice (ECJ) ruling considered whether the German Inheritance and Gift Tax Act (GIGT Act) violates European Union law by denying the consideration of inheritance tax paid ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Maria Weise always knew she would be rich one day. Her family owned land south of Munich, and her father had ...
In civil code countries, including Germany, a trust is a virtually unknown structure. But while no German property can be held in trust, Germany does recognize a U.S. irrevocable trust—to tax it. The ...
BERLIN—Germany’s top court said a tax privilege that played a key role in the emergence of some of Europe’s most powerful industrial dynasties was unconstitutional and gave the government until ...
A German heiress residing in Austria is inheriting a fortune worth billions from her incredibly affluent grandparents. Well apparently, she is sad about it! According to New York Post, the German ...
Local finance minister says region is ‘shown the cold shoulder’ over attempts to ensure citizens can pass on their family home James Jackson is a Berlin-based journalist, documentary maker and ...
For many people, their pets are a beloved part of the family. Karl Lagerfeld, for instance, left a portion of his fortune to ...