Re: SPI branch in Spain

On Sat, Jan 11, 2003 at 02:57:11PM +0100, Jose Carlos Garcia Sogo wrote:
> El día 10 ene 2003, Peter Vandenabeele escribía:
> > On Fri, Jan 10, 2003 at 12:59:45AM +0100, Aurelien Jarno wrote:
> > > On Thu, Jan 09, 2003 at 11:18:18PM +0100, Jose Carlos Garcia Sogo wrote:
> > > > The other problem is that bank fees for money transfers are quite
> > > > high. Although they have reduced since Euro introduction, they're
> > > > high and a big load for little donations. EU Comission is right now
> > > > pressing banks to reduce them, so they will tend to be lower. Anyway,
> > > > this leaves out any country out of the Euro zone.
> > >
> > > I have heard (anybody to confirm) that bank fees will be reduced
> > > starting on 1st July 2003 for the Euro zone. By this date a money transfer
> > > between for example Spain and Germany should cost the same as a money transfer
> > > from Spain to Spain.
> >
> > I can confirm that both for private and for commercial accounts
> > the fees for Electronic Money Transfer will be the same national
> > or within the EU (I checked explictely with Fortis on that one).
> >
> > Condition is that the person that sends the money uses the
> > universal IBAN number for the account of the addressee of the
> > money. Of course, they compensate that with higher fees for all
> > money transfers.
>
> But this doesn't solve tax issues.

What are exactly the "tax issues" ?

Do you want the donations to be tax-deductible, such as those to
a charity, such as e.g. the Red Cross ?

Do you want this to be the case in the single country of the EU
where the Not For Profit (SPI Spain in this case ?) is located
or all accross Europe ?

Do you have other tax issues ?

When I understand you request exactly, I could check with my
accountant on the exact status and conditions of that (but
maybe all that work already happened before I joined the
list ?).

Peter