hTTi

Thank you!
What would be the case if my parents signed over the property to me now while they are still living there? I assume that since it would be an asset in my name, even if there is no active income on it, I would still have to pay some tax?

Hi, I am an Indian citizen, residing and working in Germany where I pay taxes. After my parents death, I will be inheriting their property and assets. India and Germany have a double taxation avoidance agreement. In India, all inheritance is tax free. Will I have to pay Inheritance tax in Germany on...