A working group on the real estate transfer tax (RETT) law at the University of Leipzig presented a proposal to Germany’s Ministry of Finance (MOF) on the modernization of the RETT law. The MOF edited the proposal on 15 June 2023 and then presented a discussion draft of a bill to amend the RETT Act to the federal states for approval. This is not yet official draft legislation, but rather a working draft subject to approval by the federal states, after which it would go through the legislative process.
Source: taxathand.com
