I’m looking to gift my brother some stock that I currently hold in my name in the US. He lives in Germany, and I’m having trouble finding how that would be treated under German tax law.
Would he be taxed on the market value of the stock when he received it? If so, what rate would it be taxed at?
Once transferred, what would the cost basis for that stock be moving forward? If he immediately sold the stock, would the gain be €0?