Share Deals
German Real Estate Transfer Tax (RETT) on Share Deals
Even though the proposed changes to the German RETT treatment of share deals had seemed to be stopped by the end of 2019, they shall now be enacted shortly. The corresponding legislative process, including the approval by the Upper House of Parliament (“Bundesrat”) shall be completed by June 2021 at the latest. The new measures shall then to come into force on 1 July 2021.