The Centraal Museum is registered with the Dutch tax authorities as a Public Benefit Organisation (Algemeen nut beogende instelling - ANBI). This means that the Centraal Museum is exempt from inheritance and gift tax. This way you can be sure that your gift or legacy will go entirely to us.

Moreover, from 2012 onwards you can deduct your gift tax-deductible, with a multiplying factor. As a result, the amount you deduct is higher than your actual gift. Below we explain this law on charitable giving in the Netherlands (Geefwet).

Geefwet

The deduction for regular donations was expanded in 2012. When calculating your deduction, you may increase your gifts to the Centraal Museum by 25%. You may apply this increase to a gift amount of €5,000 or less. In other words, a maximum of € 1,250 applies to the increase. Your gifts in excess of €5,000 are still deductible; however, the 25% increase does not apply to the amount above € 5,000.

For example, let's say you donate €1,000 a year. You may increase this amount to 125% for the deduction. Consequently, your deduction is €1,250. In the highest bracket of 52%, you will receive a refund of €650 from the Dutch tax authorities for every €1,000. A gift of €1,000 costs you €350.

An object or work of art can be a gift, too. The deduction is based on the appraised value of the object. The calculation method for objects is the same as for financial gifts.

Non-periodic gifts

Tax restrictions apply to non-periodic gifts. You can only deduct such a gift from your income if it is higher than 1% of the aggregate income. The maximum for non-periodic donations is set at 10% of the aggregate income prior to applying the personal allowance. It may be more advantageous for you to spread your gift over several years. You can then submit a request for a provisional refund to the Dutch tax authorities immediately after the donation.

Regular donations

Regular donations are donations in the form of fixed and uniform payments, spread over 5 or more years and paid out at least annually. There are no restrictions for periodical donations such as a threshold amount or a maximum.

Contact

For more information, please contact Merel Schrijvers, development and private relations, either by email: mschrijvers@centraalmuseum.nl or telephone: +31 (0)30 236 2360.