Donation

The tax certificate is being sent by Think Pink to the street address of the person who made the donation? It is in other words important that the person who wants to make a gift, does it through his own bank account.

The tax deduction amounts to 45% of the real deposited and on the certificate mentioned amount.

The total amount of the gifts for which a tax deduction is granted, can never exceed:

• 10% of the net income, or
• 376.350 euro (tax year 2014, income 2013)

In case of a deposit, the bank informs us of your address. In case of a gift, you need to provide us with the necessary information.

If you donate, over a whole year, an amount of 40 euro to Think Pink, you are entitled to a tax certificate per calendar year. With a tax certificate you can deduct the amount of your donation from your total taxable net income.

The received original tax certificate needs to be attached to your tax return. You can keep a copy, as the tax service only accepts originals. If you use Tax on Web, conserving the certificate is sufficient.

The certificate is always sent in the year AFTER the gift/donation, during the period just before you receive your tax return. At that time, the information about your expenses of that year are requested. If you use Tax on Web, your gift will already be mentioned in the proposition of tax return.

The deductibility of gifts is based on the national good and consequently only applies for actual gifts, that means donations/gifts that were ceded without counter value. Consequently excluded: subscriptions on magazines, membership fees, tuition fees, examination fees and other expenses, concert tickets, spaghetti meals, candy bags, waffles, pancakes etc.

If the transferred amounts are partly or completely compensating the delivery of goods or services rendered, no certificate may be issued, neither for the total, nor for a part of the deposited amounts. To be considered as a deductible gift, the amount has to be transferred completely without counter value and the donor cannot be provided with any advantage (except things with very low value, such as a sticker, a neutral information pamphlet etc.).

An organization empowered to issue tax certificates following submentioned directives is not allowed to act as a middleman for another organization. She is not allowed to issue tax certificates regarding amounts that are in fact destined to another organization.

No tax certificates may be issued for deposits that constitute the profit of a collective fund-raising and therefore not really originate from an individual donor.