Real Estate Transfer Tax Reform Postponed

25 October 2019 – The amendments to the Real Estate Transfer Tax Act are not going into effect on the 1 January 2020 as proposed

The RETT amendments proposed are being discussed further in the German Parliament and may be changed. The Parliament says it is working at full speed to finish the reform of the law in the first half of 2020 as they have recently announced. It is uncertain whether any substantial changes will be made to the present draft bill. There are rumors that the thresholds and the underlying system may again be called into question.

We shall keep you up-to-date on how developments unfold. Should you have questions, please do not hesitate to contact us!

First name^*

Family name^*

Company name^*

Job title/Position^*

E-Mail^*

Message^*

I accept that Mazars will process my personal data for the purpose of handling my request^*

^* mandatory fields

Your personal data is collected by Forvis Mazars in Germany, the data controller, in accordance with applicable laws and regulations. Fields marked with an asterisk are required. If any required field is left blank, it will not be possible to process your request. Your personal data is collected for the purpose of processing your request.

You have a right to access, correct and erase your data, and a right to object to or limit the processing of your data. You also have a right to data portability and the right to provide guidance on what happens to your data after your death. Finally, you have the right to lodge a complaint with a supervisory authority and a right not to be the subject of a decision based exclusively on automated processing, including profiling, that produces legal effects concerning you or significantly affects you in a similar way.

Want to know more?

Bernd Schult Partner - Berlin

Detailed profile

Patrick Wolff Director - Berlin

Detailed profile