Tax benefits of an ANBI

The Ciconia Consort has been designated by the tax authorities as ANBI (Algemeen Nut Beogende Instelling). An ANBI has a number of tax benefits. For example, an ANBI does not have to pay inheritance tax or gift tax for legacies and donations that the institution uses for the public interest.

Tax benefits for private donors

The ‘Geefwet’ was introduced on 1 January 2012.
This means that donors of cultural ANBIs have an additional gift deduction. Private individuals may deduct 1.25 times the amount of the gift in their income tax return. The donation is deductible from your income, subject to a threshold of 1% of your income. There is no threshold income or maximum deductible amount for regular donations, periodic gifts. You must then transfer an (approximately) equal amount for at least 5 consecutive years. Your periodic gift must be laid down in a written agreement.
The Prins Bernhard Culture Fund offers a handy calculation tool to quickly calculate the net cost of a periodic or one-off donation to a cultural ANBI. Go to their gift calculator here.

Tax benefits for companies

Companies may deduct 1.5 times the amount of the donation in their ‘vennootsschapsbelasting’ tax return.

Formulier-publicatieplicht-anbi-algemeen-ib-2020
RSIN nummer: 851490554