How to read the notification of the new property tax

Berlin The new property tax is a “bureaucratic monster”, say real estate associations. And anyone who owns a plot of land, an apartment, a house or other real estate already despaired when submitting the declaration with the details of the property. Because only a few federal states such as Bavaria, Hamburg, Lower Saxony or Hesse used their own models, some of which only required very little information. Most used the complicated federal procedure.

Owners who have nevertheless successfully cleared the first hurdle are now faced with the second: With the “Notice on the determination of the property tax value” in hand, it is important to understand what is written there and to weigh up whether and what else can be done .

Because real estate is worth much more today than it was in 1964 (old federal states) or 1935 (new federal states), and on the basis of this outdated data, the offices have so far determined the tax “assessed value” of real estate.