Germany to overhaul ‘lopsided’ inheritance tax law

EPA/KAY NIETFELD

German Chancellor Angela Merkel (R) and Germany Economy Minister Sigmar Gabriel talk at the start of the cabinet meeting in the Federal Chancellery, in Berlin, Germany.

Germany to overhaul ‘lopsided’ inheritance tax law


Germany’s ministers of finance and economics announced on June 20 that the ruling coalition government has agreed the details of amendments to the nation's controversial inheritance tax legislation.

As reported by Germany’s international broadcaster, Deutsche Welle (DW), Finance Minister Wolfgang Schäuble, a member of Chancellor Angela Merkel's Christian Democrats (CDU), and Sigmar Gabriel, Germany's Social Democratic (SPD) economics minister, spoke of a viable compromise after months of...


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