Urgent.News

What's breaking now, across thousands of outlets.

World

Bundesverfassungsgericht: Regionale Erbschaftsteuer? Warum Bayern in Karlsruhe klagt

Das Bundesverfassungsgericht will sich zwei Tage lang intensiv mit der Erbschaftsteuer beschäftigen. Am ersten Tag geht es um eine Klage aus Bayern und die Frage: Müsste die Steuer Ländersache sein?

Original German Read in English

Bundesverfassungsgericht: Regionale Erbschaftsteuer? Warum Bayern in Karlsruhe klagt

The German Constitutional Court in Karlsruhe is currently examining a constitutional review request from the Free State of Bavaria regarding regional inheritance and gift tax laws. Bavaria is advocating for the regionalization of these taxes, arguing that the tax rates and exemptions should be more closely aligned with regional differences in property values and inflation.

The Bavarian government asserts that the federal government lacks the legislative authority to prescribe these specific tax details, as they should be determined by the individual states. The court will assess whether the existing regulations for asset valuation, tax-free allowances, and tax rates comply with the constitution. Bavaria emphasizes that current tax rates and exemptions have remained unchanged since 2009, despite significant increases in property values and inflation, which have diminished the protective effect of exemptions.

The Bavarian Finance Minister, Albert Füracker, contends that the region should have a greater role in deciding the structure of inheritance taxes. The reform of the inheritance tax is a consensus in the German coalition government, but the SPD and CDU/CSU have divergent views on the appropriate approach.

Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at handelsblatt.com →

More in World

More from Monday 12 October →