Germany’s upper house of Parliament, the Bundesrat, has approved a bill to tighten the eligibility criteria for inheritance tax exemptions for family-owned companies. The changes mean that inheritance tax exemptions
Regulation (EU) No 650/2012 was adopted on the 4th July 2012 with the aim of simplifying cross-border successions and in the light of today’s globalised European environment. These rules pertain
In a judgement released on December 17, 2014(1 BvL 21/12), the Federal Constitutional Court (Bundesverfassungsgericht – “BVerfG“) declared the applicable Inheritance and Gift Tax law partly (especially the exemption regulations
