Approaches towards the application of tax incentives for cross-border philanthropy

Resource Information

The work Approaches towards the application of tax incentives for cross-border philanthropy represents a distinct intellectual or artistic creation found in International Bureau of Fiscal Documentation. This resource is a combination of several types including: Work, Language Material, Continuing Resources.

Label

Approaches towards the application of tax incentives for cross-border philanthropy

Creator

• Buijze, R

Subject

• charities, donations to
• cross-border transaction
• tax incentive

Language

eng

Summary

Most governments of high income countries stimulate domestic philanthropy. For philanthropy crossing borders, however, governments are less consentient. These varying standpoints are reflected in the tax legislation of countries. In many of the countries concerned, donations to domestic charitable causes are rewarded with a tax incentive. When a donation crosses borders, however, the tax incentive does not always apply. This article examines the different approaches governments hold towards the application of tax incentives in cross-border situations and the underlying rationales. Through the analysis of the relevant tax sources, tax jurisdictions are classified into four common models that summarize the spectrum of different approaches governments hold. They vary from jurisdictions that support cross-border donations with a tax incentive to governments that restrict tax incentives to donations within the country and two models that represent the more moderate approaches between these extremes

Citation source

In: Intertax. - Alphen aan den Rijn. - Vol. 44 (2016),

Geographic coverage

International

Language note

English