I am an American who has inherited a condominium in Berlin, Germany from my American father. What amount of German tax exemption am I entitled to under German law?
Dear Customer, thank you for using Just Answer.
For children of the deceased, ErbStG have a Tax exemption up to a value of EUR 400000, cf. § 16 I Nr.2 ErbStG.
I hope I was able to help. If so please accept my answer.
Anja Merkel, LL.M.
I was told by a lawyer in Berlin that because I am an American citizen and because it is my second home (I live in the States), the exemption of this amount does not apply.
Dear Customer, ok. But I could not know this information when I answered your question. If you have one more question, otherwise please to accept the given answer.
1.+ 2. Staatsexamen;
LL.M.(Master of Law)
DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.
The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).