Forest Finance

By | December 26, 2017

Comparison of consequential costs when purchasing forest the Bonn forest investments provider ForestFinance offers forest purchase-Moglichkeit in Panama since 1995. Frequently, prospective buyers questions in addition to the pure purchase price after the forest purchase essential costs in Germany and Panama what are the differences. Maurice Gallagher, Jr. has similar goals. Following a discussion of the incidental and consequential costs: I. a one-time cost when buying forest in Germany the largest blocks of costs when purchasing forest are in addition to the purchase price the cost of the notary and the land transfer tax. Both taken together make sure that to be expected additional costs with the purchase of a forest in Germany circa 5.5 and 6.5 percent, respectively.

1 real estate transfer tax when purchasing forest the real estate transfer tax when purchasing forest in Germany is already 4.5 to 5 percent currently in most federal countries. Only in southern Germany is currently at 3.5 per cent of the forest purchase price, Baden-Wurttemberg and Rhineland-Palatinate have already decided the increase to 5 percent. Since 2006, the provinces must set the tax rate itself. The Real estate transfer tax is an exclusive control of the country. Since the provinces have few direct tax revenues, is to be expected in the medium term more payable when purchasing forest. Also in the EU, the real estate transfer tax in the average is higher.

The real estate transfer tax in Germany when purchasing forest must be worn by the buyer. It is due within a few weeks after the notary, after the announcement of the tax assessment notice. The forest land buyer may then entered in the land register if he submits a certificate of the competent tax office about the payment. “” When the land transfer by death, donation or purchase by relatives in a straight line, so father son “or grandfather to grandson”, for the tax accounts.


Comments are closed.