(CORONA III) click for more information in Dutch

On Thursday 9 July, the bill was finally approved in De Kamer. The proposal includes two elements:

1. For donations to recognized institutions in 2020, donors will receive a tax reduction of 60% of the donation, instead of the current 45%.

2. In addition, the amounts entitling to a tax credit will be increased from 10 to 20% of the total net income of the donors.

The law applies to donations until 31/12/2020.