Property Tax Calculator Germany
Property Tax: € 0.00
Here’s a comprehensive table summarizing key information about property tax in Germany:
Aspect | Details |
---|---|
German Name | Grundsteuer |
Types | Grundsteuer A (agricultural land), Grundsteuer B (residential/commercial buildings) |
Calculation Components | 1. Assessed Property Value (Einheitswert) 2. Basic Federal Tax Rate (Steuermesszahl) 3. Municipal Multiplier (Hebesatz) |
Basic Federal Tax Rate | Typically 0.26% to 1%, varies by property type and location |
Municipal Multiplier | Set by each municipality, can range from 200% to over 900% |
Payment Frequency | Quarterly (February 15, May 15, August 15, November 15) |
Upcoming Reform | New valuation system effective from January 1, 2025 |
Reform Deadline | Property owners required to submit new declarations by January 31, 2023 |
Typical Annual Cost | €600 to €1,200, varies widely based on property and location |
Responsibility | Property owner (can often be passed on to tenants in rental agreements) |
Tax Base | Land and buildings |
Special Considerations | Some states (e.g., Baden-Württemberg, Bavaria) use different calculation models |
Real Estate Transfer Tax | One-time tax on property purchases, 3.5% to 6.5% of purchase price (varies by state) |
Exemptions | Limited exemptions for certain agricultural properties or public use |
Late Payment | Can result in penalties and interest charges |
Tax Authority | Local 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