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Surnamed Charitable Trusts : Immortalilty at Taxpayer Expense

Drennan, William A. - 2015

Charitable trust law authorizes surnamed trusts, and provides no convenient mechanism to force a name change even hundreds of years after the founder's death. Tax law treats the use of a surname as harmless. A founder's ability to surname can provide a significant benefit to the founding family...

Persistent link: https://www.econbiz.de/10013039441

What If Gulbenkian Had Been Persche : Taxing Charitable Giving in Europe

Hemels, Sigrid - 2011

Many EU Member States only grant tax incentives to resident charities. This limits the choice of donors and restricts the free movement of capital. The paper discusses this problem and the action taken by the European Commission, the ECJ (the Stauffer and Persche cases) and private organisations

Persistent link: https://www.econbiz.de/10013118472

Taxation of Charities in the Netherlands

Hemels, Sigrid - 2014

In the Netherlands, special tax incentives apply for so called ‘public benefit pursuing entities' (hereinafter PBEs). Currently, the Dutch tax authorities have registered 50.000 PBEs. The main criterion is not whether the activities or the entities are not for profit, but whether these...

Persistent link: https://www.econbiz.de/10013066971

Tax-Efficient Charitable Giving of Savings or Retirement Benefits

Feuer, Albert - 2019

Individuals often fund charitable gifts with their savings or retirement benefits. However, such benefits, other than those from a Roth individual retirement arrangement, are generally included in the individual's gross income when received, and may not be deductible from the donor's income....

Persistent link: https://www.econbiz.de/10012898127

Testimony Before the Senate Finance Committee : 'Tax Reform Options: Incentives for Charitable Giving'

Colinvaux, Roger - 2012

The Congressional testimony provides a framework for thinking about the role of the charitable deduction in the federal income tax. As changes to the deduction are weighed by policymakers, it is important to consider: (1) the existing characteristics and policy tenets of the charitable...

Persistent link: https://www.econbiz.de/10013110826

The Hidden Limits of the Charitable Deduction : An Introduction to Hypersalience

Faulhaber, Lilian V. - 2012

Behavioral economics introduced the concept of salience to law and economics. In the area of tax policy, salience refers to the prominence of taxes in the minds of taxpayers. This article complicates the literature on salience and taxation by introducing the concept of “hypersalience,” which...

Persistent link: https://www.econbiz.de/10013112488

Ain’t Charity : Disallowing Deductions for Kept Resources

Johnson, Calvin H. - 2010

not charity or a reduction of standard of living but self-service, and the payment is not properly deducted. This proposal … but the taxpayer attended services or events put on by the charity. Deductions would be allowed only for payments to the … charity in excess of the floor. Similarly, a deduction for unrealized appreciation of property given to charity is a way of …

Persistent link: https://www.econbiz.de/10014192286

Taxes, Charity, and Hedge Funds : Tax Implications of Charitable Contributions of Leveraged Partnership Interests

Sosner, Nathan; Steblea, Roxana - 2022

capital gains by LPs when they contribute their partnership interests to a charity. We explain how such taxable gains upon … the capital gain tax liability they might incur upon contribution of their fund holdings to a charity …

Persistent link: https://www.econbiz.de/10013309421

Optimal Income Taxation and Charitable Giving

Kaplow, Louis - National Bureau of Economic Research - 2023

The philanthropic sector is highly consequential, particularly in the United States, and the most important policies directed toward this sector are tax policies. Yet most economic analysis of the optimal tax treatment of charitable giving is ad hoc, treating it as a subject unto itself. This...

Persistent link: https://www.econbiz.de/10014421177

Tax Incentives for Charitable Giving as a Policy Instrument : Theoretical Discussion and Latest Economic Research

Lideikyte Huber, Giedre - 2023

This article explores a long-standing research and policy question on whether tax incentives for charitable giving are desirable from legal and economic perspectives. The author discusses legal and empirical aspects that are important in designing tax incentives for charitable giving. Firstly,...

Persistent link: https://www.econbiz.de/10014263739