Inheritance Tax (Erbschaftsteuer)
Germany levies inheritance and gift taxes based on the German Inheritance and Gift Tax Act (Erbschafts- und Schenkungssteuergesetz, ErbStG). The German inheritance tax (Erbschaftsteuer) is levied on the beneficiary´s acquisition upon death (even if not distributed) and not the undivided estate. The worldwide acquisition (irrespective of the situs) is taxed (unlimited inheritance tax liability), if the deceased or the beneficiary is a German tax resident (Inländer) at the time of the taxable event (e.g. death).
Related publications
- Administration of a nonresident Decedent’s German Assets
- Administration of a U.S. Domiciled Decedent’s German Assets by a U.S. Personal Representative
- Collection of a German Bank account of a Deceased domiciled abroad
- Estate Planning for U.S. persons with Property in Germany: German Situs Will or Global Will?
- Executor of the Estate under German Law
- German Inheritance and Probate Law - FAQ
- German Inheritance Tax
- German Inheritance Tax - FAQ
- German-American Probate and Inheritance Law - FAQ
- Inheritance and Estate Tax in German-American Estate Matters - FAQ
- Taxation of Distributions from an inherited IRA to a person Resident in Germany
- Taxation of U.S.-Trusts under the German Inheritance and Gift Tax Act
- U.S. Federal Estate Tax on the U.S. Estate of German Citizen resident in Germany
- U.S.-Trusts in German-American Estate Planning
- Wills for nonresidents with Property in Germany - German Will or Global Will