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Tax & Legal

Tax & Legal

Finance Bill 2019: proposed changes to the real estate transfer tax regulations in the case of so-called shares deals


Following the discussions of the Conference of Finance Ministers of the Federal States, the government has included in the Finance Bill 2019 amended regulations in respect of so-called “share deals” in real estate transactions. Aim of the proposed rules is a tightening of the financial framework around the indirect “transfers” of real estate held through companies and other associations of persons. The draft bill includes the following amendments: Continue reading

Real Estate Transfer Tax Act: changes planned to the treatment of “share deals”


The Federal Ministry of Finance is planning to introduce a bill based on the proposals made by the Finance Ministers’ Conference in November 2018 in relation to the Real Estate Transfer Act (RETT Act). It is currently envisaged that the changes, which are likely to be discussed in the Cabinet at the end of April 2019, should be included in the Finance Act 2019. Continue reading