Tax-free donating and giving to charities in Flanders
As of 1 July 2021, the Flemish Region will reduce the tax rates for gifts and legacies to charities to 0%. This has been decided by the Flemish Government in a preliminary draft decree on 18 September 2020. In addition, a benefit will be introduced for legacies to friends and distant relatives: the current inheritance tax rate of 25% will be reduced to 3% for the first amount of EUR 15.000.
Saskia Lust
Partner Attorney at LawSaskia Lust is a partner in our Brussels office. She co-heads the Family Owned Business & Private Wealth Team in Belgium. She focuses on international asset structuring.
T: +32 2 700 10 27 E: saskia.lust@loyensloeff.com
Sofie Bastenie
Associate Attorney at LawSofie Bastenie, attorney at law, is a member of the Family Owned Business and Private Wealth practice group in our Brussels office.
T: +32 2 773 23 97 E: sofie.bastenie@loyensloeff.com
