Real Property Tax
Municipalities levy a tax on real property (Grundsteuern). The tax rates vary because they depend on the decision of the local parliament. The tax is payable every quarter.
Read more about this topic: Taxation In Germany
Famous quotes containing the words real, property and/or tax:
“What might be taken for a precocious genius is the genius of childhood. When the child grows up, it disappears without a trace. It may happen that this boy will become a real painter some day, or even a great painter. But then he will have to begin everything again, from zero.”
—Pablo Picasso (1881–1973)
“A few days later the younger son gathered all he had and traveled to a distant country, and there he squandered his property in dissolute living.”
—Bible: New Testament, Luke 15:13.
“Rumble thy bellyful! Spit, fire! Spout, rain!
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I tax you not, you elements, with unkindness;
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—William Shakespeare (1564–1616)