Press release No. 403 of 25 August 2021
WIESBADEN – The property transfers by inheritance or gift which the fiscal authorities in Germany assessed for tax purposes amounted to 84.4 billion euros in 2020. The property inherited or received as a gift and taken into account for tax purposes was up 5.9% on the previous year. The Federal Statistical Office (Destatis) also reports that the assessed inheritance and gift tax increased by 19.4% to 8.5 billion euros. Inheritance tax accounted for 6.8 billion euros (+14.0%) and gift tax for 1.8 billion euros (+45.8%).
