those involving the raising of equity or debt capital.<\/li>\n<\/ul>\nDonations<\/h4>\n
What is the difference between donations and sponsorship? A donation is an act of generosity. The donor does not expect anything in return. Sponsorship, on the other hand, involves a quid pro quo. This often takes the form of advertising.<\/p>\n
For a business owner, sponsorship costs are generally tax-deductible. This is, of course, subject to the condition that they clearly serve the business\u2019s commercial interests.
\nSponsorship by private individuals does not qualify for tax relief.<\/p>\n
When collecting donations<\/strong> It is important to note whether these funds are deductible for the donor as a charitable donation (or, in the case of business owners, sometimes as business expenses). A deduction as a charitable donation applies when the funds are provided to:<\/p>\n\n- ANBI (public benefit organisation) or an SBBI support foundation;<\/li>\n
- an association with legal personality and at least 25 members (only in the case of regular donations).<\/li>\n<\/ul>\n
The responses to the WOB request focus primarily on so-called \u2018intermediary organisations\u2019. Such organisations collect funds and pass them on to other organisations. An (online) crowdfunding platform is often one such intermediary organisation. Donations made via an intermediary organisation will often not qualify as a tax-deductible donation. The intermediary itself does not usually qualify as an ANBI.<\/p>\n
Equity or debt capital<\/h4>\n
Regarding the provision of equity<\/strong> This applies where the recipient is a business and no agreement has been reached with them regarding the obligation to repay the funds provided. Naturally, there are different types of borrowed capital<\/strong> which are issued under circumstances such that they are treated as equity for tax purposes.<\/p>\nThe provider of the funds must assess whether the funds provided should be classified as:<\/p>\n
\n- income from employment and property (Box 1);<\/li>\n
- income from savings and investments (Box 3).<\/li>\n<\/ul>\n
For the time being, the Ministry of Finance\u2019s position appears to be that capital provided or money lent through crowdfunding is taxed under Box 3.
\nWhere crowdfunding is provided by a company, the capital and\/or loan forms part of the company\u2019s assets in principle.<\/p>\n
Clarity?<\/h4>\n
Do you have any doubts about the tax treatment of your crowdfunding? Please get in touch with one of our advisers.<\/p>\n
<\/p>","protected":false},"excerpt":{"rendered":"
Crowdfunding is een betrekkelijk nieuwe manier van het ophalen van financi\u00eble middelen. Bekend is dat de fiscaliteit in het algemeen achterloopt bij de maatschappelijke werkelijkheid. Dat is ook het geval bij crowdfunding. In een besluit, naar aanleiding van een WOB-verzoek, geeft het Ministerie van Financi\u00ebn aan dat een beschrijvend document over crowdfunding niet op korte […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-490","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"acf":[],"_links":{"self":[{"href":"https:\/\/vwg.nl\/en\/wp-json\/wp\/v2\/posts\/490","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vwg.nl\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vwg.nl\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vwg.nl\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/vwg.nl\/en\/wp-json\/wp\/v2\/comments?post=490"}],"version-history":[{"count":0,"href":"https:\/\/vwg.nl\/en\/wp-json\/wp\/v2\/posts\/490\/revisions"}],"wp:attachment":[{"href":"https:\/\/vwg.nl\/en\/wp-json\/wp\/v2\/media?parent=490"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vwg.nl\/en\/wp-json\/wp\/v2\/categories?post=490"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vwg.nl\/en\/wp-json\/wp\/v2\/tags?post=490"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![\"VWGNijhof](\"https:\/\/vwg.nl\/wp-content\/uploads\/20170519_crowdfunding_VWGNijhof-1024x384.jpg\")
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