A deceased childless businesswoman inherits a house in Düsseldorf from her sister.
Value: €1,000,000
Inheritance tax: €245,125
To pay the tax, the sister must sell the house.
The sale entails the purchaser paying a real estate transfer tax of €65,000.
This brings the total tax payable to €310,125.
This applies to a house purchased with fully taxable funds and for which real estate tax was paid annually.
Rafe Gauss
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