German Inheritance set to change for Family Entrepreneurs

On the 17th of December the German Federal Constitutional Court ruled that certain elements of the inheritance tax exemptions granted to family businesses are unconstitutional. Consequently, the government have been given until mid-2016 to redraft the rules.

Die Familienunternehmer-ASU, the German association for Family Entrepreneurs, has prepared a brief on the decision which outlines the potential impact for Germany’s crucial family business sector.