After the first attempt to amend the GrEStG with regard to the undesirable avoidance of real estate transfer tax in the context of so-called share deals was postponed, the legislator has taken up this project again. On 21 April 2021, the Bundestag approved the modified government draft (BT-Drucks. 19/13437) in the version amended by the Finance Committee (BT-Drucks. 19/28528).
Further background information can be found at https://www.nwb.de/steuerrecht/verschaerfungen-share-deals-wichtige-aenderungen-grunderwerbsteuerrecht-04052021 and in the next issue of NWB Erben und Vermögen.
Yours TAXGATE Team has many years of expertise in structuring property transactions and can provide you with comprehensive advice on issues relating to the real estate transfer tax reform.
