‘The new land tax in Germany updates valuations’
Dr. Claus Herrmann, Prokurist, Tax & Legal, PwC
Dr Claus Herrmann, Prokurist, Tax & Legal, PwC, tells The Real Estate Day that both Houses have approved the new regime as requested by the Constitutional Court to bring up to date valuations that were stuck at 1964 so now all will be updated to January 1st 2022.
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