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Stauffer Case
On 14 September, 2006 the ECJ released its judgement in the so called
“Stauffer Case” (C386/04). The ruling of the ECJ is a significant step for
the income tax treatment of non-profit organisations operating in European
countries.
Click
here for a complete story on the impacts of this important decision.
Walloon Case &
Formal Request Against the UK
On the 10th of July 2006 the European Commission sent the United
Kingdom a formal request to end discrimination of foreign charities.
This comes on the heels of the Walloon case in Belgium, which
focused attention on discrimination against foreign charities.
Click
here to read more about these two issues.
Poland
In early September, Polish authorities accepted an amended
government proposal extending current deductions for corporate
donors supporting charities to cover donations to Public Benefit
Organisations in other European Union states. With this new
regulation, Poland will be only the second EU country after the
Netherlands to allow tax deductions for donations to foreign PBOs.
Click
here for more information.
The Transnational
Giving Europe network extends to Ireland
The Transnational Giving Europe network (TGE) is a practical and
secure solution for donors in a specific European country to ensure
income tax deductible cash donations to a foreign beneficiary. The
TGE network, a partnership between the Charities Aid Foundation, the
King Baudouin Foundation, the Fondation de France, Oranjefonds,
Maecenata International, the Foundation for Poland and since a few
weeks the Community Foundation for Ireland, enables donors, both
corporations and individuals, resident in one of the participating
countries, to financially support non-profit organisations in other
member countries, while benefiting directly from the tax advantages
provided for in the legislation of their country of residence.
Click
here for more info on TGE. |