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July 6, 2021

Berlin Lunchtime Meeting

Taxing inheritances – a way to raise revenues and curb wealth inequality?

Date

July 6, 2021
11.00 – 12.30 CEST

Location

ONLINE via Zoom

Speakers

Bethany Millar-Powell, Sarah Perret, Roland Franke, Matthias Rumpf, Stefan Bach

In Germany, 200 to 400 billion euros are inherited or donated every year. Inheritances are unevenly distributed, with wealthy households receiving far greater inheritances than poor households, and inheritances and gifts are taxed only lightly compared with earned income. As inequalities are increasing, particularly since the onset of the COVID crisis, and governments are under pressure to find new sources of revenues, the taxation of inheritances has come into focus. At the same time, especially in Germany, large fortunes are often tied into family businesses and higher taxation can have an impact on their economic performance. The new OECD study Inheritance Taxation in OECD Countries analyses how inheritance taxation can reduce wealth inequality and how taxation can be fair and efficient. We will discuss the issue on the basis of this study.

The event language will be English. After roughly one hour and 10 minutes of the webinar we will offer the opportunity to meet the panellists for an informal exchange in various breakout rooms.

Speakers

Presentation:
Bethany Millar-Powell, OECD
Sarah Perret, OECD

Followed by a discussion with:
Stefan Bach, German Institute for Economic Research, DIW Berlin
Roland Franke, Foundation for Family Businesses

Moderation: Matthias Rumpf, OECD

Register

Please register for this event using the registration form. We will send you a link for the participation in the webinar separately. We look forward to seeing you there.

Topics: Monetary policy

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