•German tax rates for an individual are 15% - 45%. The higher the income, the higher the tax
•Singles pay on income above EUR 250,000 (couples, on income above EUR 500,000) income tax of 45% before solidarity tax.
•Inheritance taxes range between 7% and 50%. Depends on how much you inherit. That’s why many parents give their children their homes with a “warm” hand.
•When buying real-estate, 3,5% taxes are due.
•Annual property tax is minimum. We pay only $140.-- /yr.; compared to my brother, with the same size property; who pays $ 6000,-- a yr. in Massachusetts.
_________________________
As soon as you trust yourself, you will know how to live.
Goethe