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Feed/RSP2021/2937(RSP)Finance & Budget

Single market for philanthropy

COMCMT1R-EP1R-C2R-EPCNCADO
Updated 59mo ago
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This procedure explores the creation of a 'single market for philanthropy' to make it easier for charitable organizations to operate across EU borders. It aims to remove legal and administrative barriers that currently hinder the cross-border movement of capital and the establishment of foundations and associations.

This would primarily affect non-profit organizations, foundations, and cooperatives. It seeks to simplify tax rules and legal requirements, allowing charities to scale their social impact across the entire European Union.