Since 2008 the Dutch Tax Administration can designate an institution to be a “Public Benefit Organisation” (Dutch: Algemeen Nut Beogende Instelling, ANBI). EuroClio has this status.
ANBIs have a number of tax advantages, such as:
- An ANBI does not pay Dutch inheritance tax or gift tax on inheritances.
- An ANBI does not pay Dutch gift tax on gifts that the organisation awards to the public benefit.
- Natural and legal persons who donate to an ANBI can deduct their gifts from their Dutch income tax or corporate income tax.
The most important conditions are:
- At least 90% of the efforts of an ANBI has to be focused on the general good.
- The ANBI can not be a company with capital divided into shares, a cooperative, a mutual insurance society or another body that may issue participation certificates.
- At least 90% of the ANBIs efforts must be focused on the general good. The ANBI and the persons directly involved in the ANBI must comply with the integrity requirements.
- An ANBI director or person determining the policy may not treat the ANBI’s assets as personal assets. The assets must be segregated.
- An ANBI may not retain more assets than reasonably required for the institutions work. For this reason the ANBI’s assets must remain limited.
- The ANBI directors’ remuneration must be restricted to an expense allowance or a minimum attendance fee.
- An ANBI must possess an up-to-date policy plan.
- The ANBI’s costs must be in reasonable proportion to its expenditure.
- The ANBI funds remaining after dissolution must be allocated to a general good objective identical to the ANBI’s objective.
- An ANBI is governed by specific administrative obligation.
To keep the ANBI status it is necessary to make a report one its spending, activities fundraising activities public.
You can find them here: