Property Tax Calculator Germany

Property Tax Calculator Germany

Property Tax: € 0.00

Here’s a comprehensive table summarizing key information about property tax in Germany:

AspectDetails
German NameGrundsteuer
TypesGrundsteuer A (agricultural land), Grundsteuer B (residential/commercial buildings)
Calculation Components1. Assessed Property Value (Einheitswert)
2. Basic Federal Tax Rate (Steuermesszahl)
3. Municipal Multiplier (Hebesatz)
Basic Federal Tax RateTypically 0.26% to 1%, varies by property type and location
Municipal MultiplierSet by each municipality, can range from 200% to over 900%
Payment FrequencyQuarterly (February 15, May 15, August 15, November 15)
Upcoming ReformNew valuation system effective from January 1, 2025
Reform DeadlineProperty owners required to submit new declarations by January 31, 2023
Typical Annual Cost€600 to €1,200, varies widely based on property and location
ResponsibilityProperty owner (can often be passed on to tenants in rental agreements)
Tax BaseLand and buildings
Special ConsiderationsSome states (e.g., Baden-Württemberg, Bavaria) use different calculation models
Real Estate Transfer TaxOne-time tax on property purchases, 3.5% to 6.5% of purchase price (varies by state)
ExemptionsLimited exemptions for certain agricultural properties or public use
Late PaymentCan result in penalties and interest charges
Tax AuthorityLocal tax office (Finanzamt)

This table provides a comprehensive overview of property tax in Germany, including its calculation, payment details, and upcoming changes due to the 2025 reform

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