State collects €14.1bn in real estate transfer tax
The German federal and state governments took in €14.1bn in real estate transfer tax last year, as reported by the real estate association BFW referring to information provided by the Ministry of Finance. The new record figure corresponds to an increase of 7 % compared to 2017 and nearly three times the figure of 2010. “It is a scandal that the states are trying to outdo one another in the race for the highest real estate transfer tax despite record surpluses,” says BFW president Andreas Ibel.
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