COVID-19 Pandemic May Trigger Inheritance or Gift Tax With Retroactive Effect | McDermott

COVID-19 Pandemic May Trigger Inheritance or Gift Tax With Retroactive Effect

Overview


Many family owned companies in Germany are still struggling with the consequences of the government measures against the COVID-19 pandemic. To make matters worse, inheritance or gift tax with retroactive effect may be triggered to include shares of family owned businesses which have been transferred recently.