“The Commission and the Organisation for Economic Co-operation and Development (OECD) are jointly working on a study on inheritance taxes and gifts and their implications for wealth”, according to a written response from Dubravka Šuica, European Commissioner for the Mediterranean, on Thursday 21 August. The study is due to be published in December.
In June, MEP Arash Saeidi (The Left, French) asked whether the Commission intended to extend to all Member States the simulation model for inheritance taxation (INTAXMOD), based on data from the Household Finance and Consumption Survey (HFCS). It replied that the Joint Research Centre (JRC) does indeed intend to do this for those Member States for which HFCS data is available. This model has already been applied in Finland, France, Germany, Ireland, Italy and Austria.
The Commission recognises the importance of intergenerational dynamics, such as the role of inheritance in the distribution of wealth and access to housing, and will continue to monitor and analyse these issues. It provides assurances that it will take these issues into account in its strategy to combat poverty.
Read the answer: https://aeur.eu/f/i5w (Original version in French by Anne Damiani)