Particle.news

Download on the App Store

Hesse's Boris Rhein Calls for End to Inheritance Tax Debate

He says higher taxes would undermine Germany's competitiveness.

Overview

  • Rhein argues tax increases in a weak economy are harmful and warns the current discussion is itself creating uncertainty.
  • He highlights the inheritance tax's complexity and says it can complicate generational transfers in family-owned companies.
  • CDU/CSU parliamentary leader Jens Spahn recently revived the issue by citing unequal wealth distribution and pointing to an expected court ruling.
  • Spahn noted a Federal Constitutional Court decision on the tax is anticipated, after which the grand coalition might revise the rules.
  • The SPD favors higher levies on large inheritances, while Economy Minister Katherina Reiche rejects increases for heirs, citing family business concerns.