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Published by: GRP Rainer on Jan 11, 2013
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03/28/2014

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Untaxed assets in the inheritance must be reported ( http://grp-rainer-llp.poste rous.

com/untaxed-assets-in-the-inheritance-must-be-rep ) - http://www.grprainer. com/en/Tax-Law.html The Bar Association of Freiburg advises all the heirs to che ck carefully whether an inheritance could fully or partially consist of so calle d black money. GRP Rainer Lawyers and Tax Advisors in Cologne, Berlin, Bonn, Dus seldorf, Frankfurt, Hamburg, Munich, Stuttgart, Bremen, Hanover, Nuremberg, Esse n and London www.grprainer.com/en  conclude: Some of the German taxes have been evaded as taxable assets were not reported in Germany. Money transactions i n Switzerland were apparently popular with some Germans in the early 1980s. Many of these tax evaders have died in the meantime, so that now the heirs are in po ssession of the money. Prosecution could also threaten heirs of tax offenders, a s soon as the offences are established by tax investigation bodies. Trouble seem s to threaten not only the money investors. Even their heirs may become obliged to report immediately the untaxed assets in the estate to the tax office. The re cent acquisition of

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