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Showing posts with the label Donation Policy

Know the Difference in Donation, Tax and Retribution

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Know the Difference in Donation, Tax and Retribution - Recognizing the difference in donation, tax and retribution is certainly very easy. Especially for those of you who are familiar with tax terms. Not to mention if you have a private vehicle, you must pay taxes for a certain period. So, it is certain that you are familiar with the term tax. However, are you also familiar with the terms retribution and donation ?. You need to know, besides taxes, there are other obligations of a citizen, namely retribution and donations. These three things are forms of levies that can be enforced and used for welfare purposes based on applicable regulations. Well, then what's the difference? Let's look at the reviews in this article. Recognizing Donation A term that you may also be familiar with is donations. Unlike the two previous terms, donations are not obligatory or non-compelling. The recipients of donations are also more diverse, it can also be the government, but it can also come fro

Insured Donation Policy

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In this world, more than 150,000 units of houses, land or shops per year are the target of donations between family members. This occurs both because the transcription costs are clearly more profitable than the sale, and because of the subsidized tax regime and to protect against the applicable taxes on inheritance. Insured Donation Policy Unfortunately, this practice exposes donation recipients to some disadvantages due to the legal constraints that come from donations. The law in fact states that donors cannot divert assets from their land for a share that exceeds the "available" quota. In order to protect the rights of the legal heirs, the transcription of assets originating from the donation can be canceled, if the assets are included in the legal part of other heirs. The prescription for the cancellation period for this transcription lasts 20 years if the donor is still alive and 10 years from the date the donor is no longer alive. These limits create serious problems if