Inheritance and Gift Tax Reaches Record Value in 2024

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kreiszeitung.de

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kreiszeitung.de

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The inheritance and gift tax makes the public cash registers ring: In 2024 the tax offices issued tax rulings of more than 13 billion euros. That is a new peak.

Die Presse

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The inheritance and gift tax creates record revenues in Germany – to the delight of the finance minister. But that's not enough. The coalition is arguing about a reform in order to plug the budget hole. Much depends on a decision of the Constitutional Court.

Deutschlandfunk

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The Germans paid so much inheritance and gift tax last year as never before.

Tagesschau

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More than 13 billion euros: In the past year, the German state took this much money solely through the inheritance and gift tax. This is a new maximum value.[more]]>

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German tax authorities assessed more inheritance and gift tax in 2024 than ever before. Gift tax revenues have doubled within three years. However, criticism of exemptions for high-net-worth individuals is growing.

EU-Schwerbehinderung

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In 2024, the tax authorities in Germany set inheritance and gift tax of 13.3 billion euros. Thus, the fixed inheritance and gift tax increased by 12.3% to a new maximum in 2024 compared to the previous year. As reported by the Federal Statistical Office (Destatis), the fixed inheritance tax accounted for 8.5 billion euros and thus 9.5% more than in the previous year. After the inheritance tax reached a peak of 9.0 billion in 2021, it declined in…