Federal Constitutional Court: Papers from the Ministry of Finance: These sums are at issue in the inheritance tax proceedings
The coalition is facing trouble over the inheritance tax and entrepreneurs are facing new burdens. Papers from the Finance Ministry for the Constitutional Court provide insight into the scale of the dispute.
Germany's Federal Constitutional Court is set to hear a case on tax privileges for company heirs, with the Social Democratic Party (SPD) hoping for a fundamental reform and the Union seeking to avoid it. The court's decision, expected in January or February, may impact 12.7 billion euros in tax revenue. The case centers on rules allowing company heirs to avoid billions in taxes, with critics arguing that the rules benefit large inheritances at the expense of smaller ones.
The German economy and business groups are opposed to changes, warning of a "catastrophe" if inheritance tax increases.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
