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Property tax shock in Garmisch: There is a risk of massive increases from 2025!
Garmisch-Partenkirchen will increase property tax B to 730% from 2025. The measure is intended to secure additional revenue of one million euros.
Property tax shock in Garmisch: There is a risk of massive increases from 2025!
A financial earthquake for property owners in Garmisch-Partenkirchen! From 2025, owners must expect a drastic increase in property taxes. The local council has decided to increase the assessment rate for property tax B from the current 430 to a whopping 730 percent. This means an additional burden of around one million euros, which the municipality needs to cover increased expenses. The decision was made on November 14th by a majority of 19:9 after heated debates.
The new property tax is due for all property owners and the calculation is anything but easy. The tax base amount, which is determined by the tax office, plays a central role. The municipality is using the new regulation to increase its income to around 7.9 million euros annually. Mayor Elisabeth Koch (CSU) describes the increase as “moderate” and points out that the previous assessment rates have remained unchanged for years. She emphasizes that the community relies on this additional income to finance mandatory tasks such as expensive school and road renovations.
Controversies in the local council
The discussion in the local council was characterized by emotions. While some members defended the increase as a necessary measure, others expressed concerns. Daniel Schimmer from the Free Voters warned that companies were already heavily burdened and a further tax burden could endanger the quality of the location. Martin Sielmann from the Free and Liberals also speculated about political motives behind the increase and suspected that the CSU could later reduce the tax again as an election gift.
The exact impact of the new property tax on different property types remains unclear because each property is valued individually. Treasurer Christoph Maier explained that there will be shifts in the burden. Citizens must prepare for an uncertain financial future as the community tries to fill its coffers.