Gift shares tax-free | EUROtoday

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Bis tax-free as much as 400,000 euros – that sounds tempting. Parents can cross on this a lot to every baby with out the tax workplace taking motion. But if they’ve extra to cross on, it rapidly turns into costly. For 800,000 euros, for instance, round 50,000 euros in taxes need to be paid if the couple solely has one baby as their sole inheritor.

Dirk Scherff

Editor within the “Value” division of the Frankfurter Allgemeine Sonntagszeitung.

This could be averted by making a present prematurely. Because each ten years, 400,000 euros can be transferred to the youngsters tax-free. With such a present and the following inheritance, the 800,000 euros would have remained tax-free.