The Dusseldorf tax court has ruled that a German resident is entitled to claim tax relief on a gift that has already been assessed for inheritance tax (IHT) in a foreign country as a result of the donor dying soon after making the gift. In the case, the claimant received CHF500,000 from the Swiss-resident donor and had to pay Swiss IHT of CHF190,000 on it when the donor died a month later. She has now been granted full relief from the resulting EUR132,840 German gift tax charge.
News Source：【PwC 2022/08/19】
