CS University emphasizes the necessity of modifying the inheritance tax system
Germany's parliamentary groups and media outlets are engaging in discussions about the potential reform of the inheritance tax, with key figures from the Union and SPD voicing their opinions on the matter.
Alexander Hoffmann, the parliamentary group leader of the Christian Social Union (CSU), has expressed a need for action regarding the reform. However, he does not see an immediate urgency for the changes. In a statement to newspapers of the Bavarian media group, Hoffmann described the current discussions as an indication of the need for action.
Hoffmann believes that regionalizing the inheritance tax would give states individual scope and allow them to set their own tax rates. He also thinks that this approach would show whose approach is more successful. Hoffmann has also criticised the inheritance tax as performance-hostile, stating that assets that generate value should be kept in the country.
On the other hand, Lars Klingbeil, the leader of the Social Democratic Party (SPD), has expressed his intention to talk about the inheritance tax with the Union. Klingbeil sees a large window of opportunity for the discussion and has mentioned that he wants to discuss the matter with the Union.
However, no specific agreement or discussion about the inheritance tax reform has been initiated between the Union and SPD, as per Hoffmann's statement. Furthermore, Hoffmann stated that there is no agreement on the inheritance tax reform in the coalition contract.
Despite the lack of a formal agreement, the discussions about the inheritance tax reform are being reported in various newspapers, as indicated by the Bavarian media group's coverage. The media group has also reported that no new parties or media groups have reported on the discussions about the inheritance tax reform, as of the current time.
It is important to note that there is no exact date given in the search results when Alexander Hoffmann of the CSU initiated a reform of the inheritance tax. The available information only mentions Hoffmann addressing the need for reform without specifying a precise date.
The focus, as per Hoffmann, remains on the things agreed in the coalition contract for the time being. However, the discussions about the inheritance tax reform are ongoing, and it will be interesting to see how the situation develops in the coming weeks and months.
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