Ildar 5 years ago
As far as I know, in the Netherlands there was a provision that a monetary gift in the amount of up to 100 thousand euros, aimed at buying or renovating housing for the donee, was not subject to taxation. Is this rule still in effect or has it been canceled?
If it does, how is it formalized? Just when transferring from a bank account to a donee's bank account, it is clear to note that this is a gift to the donee for the purchase of housing? How long is the validity of such a tax-free gift (after all, there must be some time limit between the gift and the purchase of a home)? Until the end of the calendar year?
Nalog.nl Admin 5 years ago
Ildar, good afternoon.
Your question is rather voluminous and it is not completely clear who is giving money and to whom. So, for example, a gift from a non-IP resident relative is not taxed. When registering it, yes, it is necessary to indicate during the translation that it is a gift, as well as to have a deed of gift, so that later it will be possible to confirm the origin of the money.
In other situations, there may be different rules. The opportunity to donate money for housing still exists, for 2019 it is € 102.010, while there are some conditions, for example, the recipient of the gift must be over 18 and under 40. It is necessary to spend the money until the end of 2021 (in case the donation takes place in 2019).
If you want to receive more complete information, taking into account your specific situation, you can write us a letter by mail info@nalog.nlwhere you will describe the situation in more detail and individually, and request written advice. Then our employees will be able to prepare a response that takes into account all the data.
Best regards,
Nalog.nl team
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