How high are inheritance taxes in Germany?
Inheritance tax is levied on transfers of property (assets) after death. This duty is paid by the beneficiary. Marginal rates applicable vary depending on the relationship of the beneficiary to the deceased. There are three relevant classes of relationship and exemptions applicable: CLASS RELATIONSHIP EXEMPTION () I Spouse 307,000 Children and step-children, grandchildren 205,000 Parents and grandparents 51,200 II Siblings and their children, step-parents, parents-in-law and divorced spouse 10,300 III All others 5,200 Source: Global Property Guide If the beneficiary and the deceased are both nonresidents, the standard personal exemption is only 1,100. A higher amount may be granted in the case of a surviving spouse. For property transfers upon death, the surviving spouse and children up to 25 years are granted a special support allowance. The support allowance amounts to 256,000 for the surviving spouse. The support allowance for the children varies depending on the childrens age; it r
