Non-Residents in Germany to be Taxed for all Sales on Corporate Property

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Draft statements in Germany’s Annual Tax Act 2018 is imposing new expenses on the offer of property companies owned by foreign based residents.

If the new bill is passed, the regulations will apply after the calendar year end (December 31st 2018). As of not long ago, Germany has had no unambiguous model to assess benefits from offers in property organisations where the property is located in another country.