property tax
Loading your saved state.
property tax
A tax levied by municipalities on the ownership of land and buildings (real estate). The amount is based on the value of the property.
Jeder Hausbesitzer muss jährlich die Grundsteuer an die zuständige Gemeinde zahlen.
Every homeowner has to pay property tax to the responsible municipality each year.
The word consists of 'Grund' and 'Steuer'. Here, 'Grund' stands for 'Grundstück' (plot of land) or 'Grund und Boden' (land and soil). So it is literally a tax on land ownership.
Die Einnahmen aus der Grundsteuer fließen direkt an die Kommunen.
The revenue from property tax goes directly to the municipalities.
In connection with 'Grundsteuer' (property tax), the verbs 'zahlen' (to pay) or the more formal 'entrichten' (to pay) are often used. The authority, on the other hand, can 'erheben' (levy) or 'festsetzen' (set) the tax.
Die Gemeinde wird die Grundsteuer im nächsten Jahr erhöhen.
The municipality will increase the property tax next year.
'Grundsteuer' (property tax) is a technical term from finance and administration. You encounter it mainly in official letters, news reports, or when you own real estate.
Der Bescheid über die neue Grundsteuer kommt per Post.
The notice about the new property tax will arrive by mail.
trade tax
'die Gewerbesteuer' (trade tax) and 'die Grundsteuer' (property tax) are both taxes levied by municipalities. That makes them easy to confuse. But the difference is clear: trade tax applies to a commercial business, for example a shop or a company. It is connected to the business's profit or earnings. Property tax applies to land and buildings, meaning real estate. It becomes due when someone owns, for example, a house or a plot of land. Memory tip: 'Gewerbe' goes with a business, 'Grund' goes with a plot of land.
Für ihr Haus bekommt Nora jedes Jahr einen Bescheid über die Grundsteuer.
Every year, Nora receives a notice about the property tax for her house.
Ali muss für seinen kleinen Laden Gewerbesteuer an die Gemeinde zahlen.
Ali has to pay trade tax to the municipality for his small shop.