The general tax-free exemption (Freibetrag) has not been changed as of Jan. 1, 2023, and thus remains unchanged since 2019. However, it is expected that the allowance will be increased by approx. 25% in 2023 to compensate for the depreciation of money since 2019.
For additional information on the calculation of the German inheritance tax, please refer to our article entitled German Inheritance Tax.