A high ranking member of the Ministry of Finance provided the following outlook at a ZIA event last Thursday:
According to the proposal submitted by the Länder (German federal states) no far reaching so called Grandfathering Rules are intended and the protection of a legitimate expectation may no longer apply.
We strongly recommend to liaise with us in respect of all transactions or similar measures or arrangements which include a transfer of shares (in partnerships or corporate entities) only as from May 2019 as they may no longer be subject to the hitherto applicable law on real estate transfer tax.
With regard to property tax the Ministry of Finance will draft a bill on the basis of a key issue paper which transpired on 1 February to be slightly adjusted on 14 March. The bill will be debated in the cabinet on 17 April.