Thank you for considering a donation to The Clothing Loop! With your donation we will continue to work effortlessly to make The Clothing Loop even better, bigger and more impactful.
Stichting Slow Fashion Movement is recognised by the Dutch tax authorities as an ANBI. This stands for “Algemeen Nut Beogende Instelling”, which translates to Public Benefit Organisation.
An ANBI does not pay donation tax over donations that are used for general interest. The maximum amount of the exemption for donation tax in 2021 is € 3.244.
An ANBI does not pay inheritance tax over inheritances that are used as contributions to the mission of the organization. The maximum amount of the exemption in inheritance tax is € 2.244.
An ANBI can be entitled to a return of the energy tax.
The work done by volunteers for an institution with an ANBI-status can be seen as a gift under certain conditions for the tax assessment.
Donors that make donations to an ANBI can - if the donation is recorded - deduct that donation in their assessment income- or partnership tax.