German Taxman May Come for Christmas Ornaments

483 views · Published 17 December 2014 · 2:07 · Indexed 27 September 2026

Channel: Bloomberg Originals · 2014 · News & Politics

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Dec. 17 (Bloomberg) -- Germany's highest court ruled today that it is unconstitutional to pass family-owned businesses from generation to generation without paying inheritance tax. Bloomberg international correspondent Hans Nichols visited one industry that will be hit hard. (Source: Bloomberg)

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