Bart Verdickt quoted by De Tijd on private collections
Bart offers expert advice regarding the tax treatment of a private collection's sale proceeds that are gifted
12 March 2018
In the article, a reader states that he intends to sell his private collection of stamps and coins that date back to the sixties, then donate the sale proceeds to his grandchildren. The reader asks how this will be treated by the tax administration.
Bart confirms the applicable tax treatment, underlining the importance of keeping a proof of sale, and advising to keep note of the new inheritance law's applicability from 1 September 2018, which brings new rules in this regard.