Impact of Foreign and Domestic Inheritance Tax on Capital Assets - Inheritance Tax
GRP Rainer Lawyers and Tax Advisors in Cologne, Berlin, Bonn, Bremen, Dusseldorf, Essen, Frankfurt, Hamburg, Hanover, Munich, Nuremberg, Stuttgart and London- www.grprainer.com/en conclude: If a foreign country charges inheritance tax on the acquisition of capital assets which the German testator has invested in that country, this cannot be deducted from German inheritance tax or considered as a liability of the estate unless a double taxation agreement has been signed between the foreign country and Germany.
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