Taxation of bequests and donations is an important determinant of real estate prices. We show that, ceteris paribus, a decrease in taxes on inter vivos donations and bequests brings about an increase in real estate prices. We provide a general equilibrium rationalization in the context of OLG...

The Regulation 650/2012 does not apply to tax matters. It therefore follows that the regulation of taxes related to the opening of a cross-border succession will remain the responsibility of national legislators. However, in the opinion of the writer, that irrelevance must be understood only as...