On 1 August 2018, the German Ministry of Finance published the amended draft bill of the Annual Tax Act 2018 which will be subject to further discussions in the parliament in the coming months.
Furthermore, the States’ Ministers of Finance have agreed on the key points to reform the real estate transfer tax with a view to reducing tax avoidance schemes in relation to share deals. On the basis of the Ministers’ proposal, the German Ministry of Finance is expected to issue a draft law before year-end.
What are the proposed tax measures? And what will be the impact on German real estate investments made via Luxembourg? Taxand Luxembourg answers these questions in their Tax Alert.