Allowances for the donation of securities
Let’s briefly look at the tax aspects. There are different tax rates for gifts of securities such as shares, depending on the family relationship between the donor and the recipient. The closer the relatives are to each other, the higher the free contribution granted by the tax office. For example, anyone wishing to give securities to spouses and registered life partners does not pay taxes up to a tax-free allowance of EUR 500,000. If parents give away securities to their children, the tax-free allowance drops to 400,000 euros. The Treasury also grants the same exemption limit for stepchildren and – as a special case – for children of deceased children and stepchildren. The grandchild may be given 200,000 euros without triggering gift tax. The allowances for siblings, nieces, nephews, divorced spouses, stepparents and parents-in-law are significantly lower: tax-free up to 20,000 euros.
Important: The allowance applies to the recipient of the gift, not to the giver. A ten-year period applies to all donations. The sum of all donations received during this period is decisive.