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Deduction of donations in corporate income tax (vpb) changes - rejected

This information is provided by:Netherlands Enterprise Agency, RVONetherlands Enterprise Agency, RVONederlandse versiePrinsjesdag suitcaseThis is a Prinsjesdag articleSee more expected changesEffective date: rejected

Please note: this bill has been rejected by the House of Representatives (Tweede Kamer)

What changes?

Do you pay corporate income tax (vpb)? From 1 January 2024, you will no longer be able to deduct donations to public benefit organisations (Algemeen Nut Beogende Instellingen, ANBI) and social advocacy institutions (Sociaal Belang Behartigende Instellingen, SBBI) from your profits. At the moment, you can still deduct up to 50% of your profit per year, with a maximum of €100,000.

As of 2024, donations to an ANBI or SBBI will no longer be seen as disguised distribution of profits to shareholders. As a result, shareholders will not have to file the amount in box 2 of their income tax or pay dividend tax over the amount of the donation.

For whom?

  • entrepreneurs with a bv or an nv

When?

This change to the deduction of donations in corporate income tax has been rejected by the lower house of parliament (House of Representatives or Tweede Kamer, in Dutch).

Prinsjesdag suitcasePrinsjesdag 2023See all expected changes for entrepreneurs in 2024

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