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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.
http://www.gesetze-im-internet.de/erbstg_1974/__16.html
I hope I was able to help. If so please accept my answer.
Best regards,
Anja Merkel, LL.M.
Attorney
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.
I
Experience: 1.+ 2. Staatsexamen; LL.M.(Master of Law)