It’s been coming for quite some time, but finally the reform in property taxes in Germany has now been agreed upon by government and the changes will affect everyone. After all we are talking about 14 billion Euros per year, which the local communities are earning, and which makes up about 15% of their income. But what are property taxes?
Property tax is a tax on properties and plots of land, payable every year and everybody has to pay it. Yes, even if you are a tenant, you