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German Parliament Approves Amendments to Property Tax Regime

|Approved Changes|Germany
Germany

On 8 November 2019, the German Federal Council (upper house of parliament - Bundesrat) approved a bill on the amendment of the property tax regime. The amendments are needed as a result of an April 2018 decision of the German Constitutional Court that the country's property tax regime is unconstitutional because it applies based on different unit values in different regions of the country and the values are also completely outdated. As part of the decision, the Court ordered that the current …

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