🎉 Arianna is 18! And grandma Beatrix knows how to congratulate like royalty 💎
Recently, the youngest daughter of King Willem-Alexander, Princess Ariane, celebrated her coming of age. And, as the Dutch media write, she received a gift of one million euros from her grandmother, the former Queen Beatrix. Rumors have long been circulating that each of the eight grandchildren receives a million from "Amma" - for housing or investments.
👑 Now imagine that this story is not about a princess, but about a very ordinary Dutch family. And so the grandmother decided to give her granddaughter a million euros. What next?
💶 Gift tax in the Netherlands
In the Netherlands, large gifts are subject to tax liability. Especially if the amount exceeds the exempt minimum.
📌 Tax-free minimum from grandparents in 2025: up to €2.690 per year - tax-free.
📌 Anything above this amount is subject to tax.
💥 The tax rate in this case is 36%.
🎯 That is, the granddaughter will have to pay about €359.031 in tax on a gift of one million euros.
❓ Who pays the tax?
The recipient of the gift is, in this case, the granddaughter. It is she who is obliged to report and pay the tax.
📝 Do I need to declare a gift in my income tax return?
No, such gifts are not reported on income tax returns.
But this does not mean that you are exempt from reporting. The gift must be declared separately to the tax office - through the declaration on schenkbelasting.
🎁 Are you planning to give a large sum of money? Or have you received a generous gift yourself?
📌 It is important to understand in advance:
- how is tax calculated,
- who and when is required to submit reports,
- How to avoid mistakes and not get a fine.
📅 We invite you to a consultation — let's explain everything in simple language:
rates, terms, registration and filing of declarations.
https://blitz.nalog.nl/services/gifts-inheritance-receiving-large-sums?specialist=olena-shelkova
Publication date: 07.05.2025/XNUMX/XNUMX
