Patrimony Tax 187.3

What Is the Patrimony Tax?

The "compensatory inheritance tax" (often called the "patrimony tax" or "asset tax") is an annual tax that certain nonprofits must pay on the value of their assets. In short: since a nonprofit never "dies" (unlike a natural person), the State would never collect inheritance tax on its assets. This tax compensates for that lost revenue.

Who Is Affected?

• Any nonprofit whose total assets (real estate + bank accounts + investments + movable property) exceed 25,000 EUR as of January 1.
• If your assets are below 25,000 EUR, you are exempt and do not need to file a declaration.

Create a Declaration

1. From the Patrimony Tax page of your organization, click New Declaration.
2. Complete the required information:
   • Fiscal year
   • Asset value as of January 1 — this is the sum of all your assets on that date
   • Asset breakdown: real estate, bank accounts, investments, etc.
3. The system automatically calculates the tax amount (0.17% of total assets).

Rectification Declaration

If you made an error in a previous declaration, you can file a rectification declaration:

1. When creating, check Rectification declaration.
2. Select the fiscal year being corrected.
3. The generated PDF will display "RECTIFICATION DECLARATION" in the header.

Lifecycle

Download the PDF

From a finalized declaration, click Download PDF to obtain the document ready to be filed with the registration office.

History

The declarations table displays:

• Creation date
• Filing date
• Status
• PDF download button