π©πͺ Valuing your Indian property from Germany
German residents are taxed on worldwide inheritances and gifts, and there is no estate tax treaty with India.
Where Germany rules reach your Indian property
Inheritance and gift tax
If either side is German tax resident, Indian property can be pulled into the German taxable estate at market value.
Zugewinngemeinschaft
The default marital regime equalises the growth in each spouse's net worth during the marriage. That means valuing the Indian property at the start and at the end.
Double taxation
With no estate tax treaty in place, careful documentation of Indian tax paid is what supports any credit claim.
Clients we look after in Germany
Tell us the time that suits you and we will call then. WhatsApp is easiest for everyone, and it works from any country without a local number.
The reports Germany clients ask for most
Capital Gains and FMV 2001
The report that fixes your cost base before you sell, so you are taxed on the real gain and not on the whole sale price.
Read more β Saves the most moneyLower TDS Certificate, Form 13
Support pack for the Section 197 application, so the buyer deducts tax on your actual gain instead of the full sale value.
Read more βInheritance and Partition
One neutral number that every heir can accept, whether you are selling, dividing or buying a sibling out.
Read more βLiving in Germany? Let us tell you which report you actually need.
Tell us the situation in your own words. Two minutes on WhatsApp usually settles which report it is, what date it has to be as at, and which papers to dig out first.