Greenille Private Client team opinion on gift tax published by De Tijd
Mathieu Ex, Alain Laurent Verbeke and Bart Verdickt propose an alternative gift tax reform
30 June 2020
There is a draft bill on the table that would see the favourable gift tax regime on Dutch route donations abolished. Rather than an abolition however, Mathieu, Alain Laurent and Bart propose an alternative gift tax reform, one they believe is fairer and can also increase income.
In their opinion text, they make a distinction between donations with and without reins for the donor:
- Donations without strings attached, also in the Netherlands, can reach 0 percent, provided the donor lives for three more years.
- Donations with strings attached, also in the Netherlands, are taxed at 3 percent.
- Effective assets of family businesses remain exempt from gift tax.