Hi all,
Looking for legal steps to avoid or reduce 500 Keuros inheritance tax in western EU.
Me and my 85 years old mother still in good shape (both eu citizen and tax resident) are closing down our professional real estate company.
We are 'happy' to pay on first step 1.000.000 euros taxes (2 layers of taxes) within the company accountings to the tax authority.
••• LoL •••
My mother is already dying learning tax athority will claim to her son one new extra +- 500ke once she's passed away.
Both of us have very low yearly incomes (< 15ke & < 40ke).
After paying a life of taxes, and beeing now screw up over 85% by taxes on closure of the company and prospective inheritance tax.
Is there any legal ways with relocation of the assets out of EU, completed with new tax residency and/or 2nd citizenship ?
Ortherwise any border line or grey strategy ?
How diffidult to transfer 400/600 ke from EU bank to another juridiction out of EU ? What will be the Eu bank restrictions for thoses figures.
Of course you did well understand : all funds 100% tax cleared & legal.
Thank's to all for any of your inputs, or strategy, or vision.
Sarcasm and idiocies are ••• welcome •••
Looking for legal steps to avoid or reduce 500 Keuros inheritance tax in western EU.
Me and my 85 years old mother still in good shape (both eu citizen and tax resident) are closing down our professional real estate company.
We are 'happy' to pay on first step 1.000.000 euros taxes (2 layers of taxes) within the company accountings to the tax authority.
••• LoL •••
My mother is already dying learning tax athority will claim to her son one new extra +- 500ke once she's passed away.
Both of us have very low yearly incomes (< 15ke & < 40ke).
After paying a life of taxes, and beeing now screw up over 85% by taxes on closure of the company and prospective inheritance tax.
Is there any legal ways with relocation of the assets out of EU, completed with new tax residency and/or 2nd citizenship ?
Ortherwise any border line or grey strategy ?
How diffidult to transfer 400/600 ke from EU bank to another juridiction out of EU ? What will be the Eu bank restrictions for thoses figures.
Of course you did well understand : all funds 100% tax cleared & legal.
Thank's to all for any of your inputs, or strategy, or vision.
Sarcasm and idiocies are ••• welcome •••