Taxation of the Income of a Canadian Estate/Trust in Germany

Services

Although we do not offer ongoing income tax advice, we will not leave you alone with regard to the income tax consequences of an inheritance. Our services include, for example,

• providing the necessary documents to declare German income tax on the gain from the sale of securities;
• advice on the income tax consequences of a death benefit from a Canadian retirement plan (e.g. RRIF, RRSP), tax-advantaged savings plan (e.g. TFSA) or pension plan (pension plan);
• advice on the taxation of the estate's current income (dividends, interest, rents, gains from the sale of securities);
• advice on avoiding double taxation and exercising tax-election rights.

If you wish, we can support your personal tax advisor in filing an income tax return or a declaration for the separate determination of the tax bases of a foreign estate or draft these.

Consultation locations and remote consultation

We provide personal advice in Berlin. Otherwise, we advise clients throughout Germany via remote communication channels (Zoom, telephone, email). In most cases, this is also completely sufficient for our clients' concerns. If we think that personal advice makes sense, we will let you know!