Land Transfer Tax Act (Germany)
| Basic data | |
|---|---|
| Title: | Land Transfer Tax Act |
| Abbreviation: | GrEStG |
| Type: | Federal law |
| Scope: | Federal Republic of Germany |
| Legal matter: | Tax law |
| References : | 610-6-10 |
| Original version from: | December 17, 1982 ( Federal Law Gazette I, p. 1777 ) |
| Entry into force on: | January 1, 1983 |
| New announcement from: | February 26, 1997 ( BGBl. I p. 418 , ber.p. 1804 ) |
| Last change by: |
Art. 196 Regulation of June 19, 2020 ( Federal Law Gazette I p. 1328, 1351 ) |
| Effective date of the last change: |
June 27, 2020 (Art. 361 of June 19, 2020) |
| Please note the note on the applicable legal version. | |
The Land Acquisition Tax Act (GrEStG) in Germany regulates the taxation of legal transactions that relate to domestic land , in particular the purchase of land , but also the exchange and acquisition of land in the foreclosure auction .
The real estate transfer tax is based on the value of the consideration, for example the purchase price . Payments for the property as well as for the building on it must be taken into account. Since the proportional purchase price for the building can be higher for many properties than for the property, the terms Land Transfer Tax Act and Land Transfer Tax are sometimes misleading.
On June 23, 2015, the Federal Constitutional Court ruled that a new regulation had to be made for Section 8 (2) of the Act by June 30, 2016 retrospectively from January 1, 2009 ( Federal Law Gazette I p. 1423 ).
See also
Web links
literature
- Pahlke / Franz, GrEStG. Commentary , 4th edition, Munich 2010, Verlag CH Beck, ISBN 978-3-406-59651-3
