Stibbe advises cross-border governmental organisation
Matter
BE Law
Expertise
Stibbe advised a cross-border governmental organisation on how to seek a favourable tax ruling so that it may enter as a new charity player in the Belgian system of attracting funds through tax deductible gifts.
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A favourable ruling was obtained successfully. It was a first-of-its-kind in the sense that there was no precedent case in which the Belgian Ruling Commission had ever been requested to give a non-Belgian body charitable status with the possibility of offering tax deductions to donations made by individuals or companies. The ruling was based on European case law relating to the principle of free movement of capital.
