Inheritance tax exemption for family home not revoked if com ...
According to a decision of the Supreme Tax Court, the inheritance tax exemption granted to the surviving spouse upon acquisition of the family home must not be revoked retroactively if its continued use for own residential purposes is impossible or unreasonable due to health reasons. The same applies to the tax exemption granted to children as heirs, the BFH said in another judgment from the same date.
Categories: Supreme Tax Court cases
Keywords: spousal residence exemption, inheritance ...
