Which documents do we as an association need to submit for tax recognition?
April 25, 2023 | 50,00 EUR | answered by Günther Schmidt
Dear Tax Advisor,
I am Tina Lichtenberg and a board member of a non-profit organization dedicated to animal welfare. In recent years, we have been thoroughly examining the tax recognition as a non-profit organization in order to maintain our status and take advantage of benefits such as tax exemptions.
However, we have found that our current documents may not be sufficient to meet the requirements of the tax office. We are wondering which specific documents we need to submit as an organization in order to obtain and maintain tax recognition.
We are particularly uncertain about which documents need to be regularly updated to meet legal requirements. We are also concerned about any special regulations or considerations regarding the taxation of non-profit organizations. We want to ensure that we submit all necessary documents and materials correctly and completely to avoid any potential disadvantages.
Therefore, I would like to know from you which specific documents and materials we need to submit as an organization for tax recognition. Are there any special forms or applications that we need to fill out? How can we ensure that we meet all legal requirements and take advantage of possible tax benefits?
Thank you in advance for your support and advice.
Sincerely,
Tina Lichtenberg
Dear Mrs. Lichtenberg,
Thank you for your inquiry and your commitment to animal welfare. As a board member of a non-profit organization, it is important to understand the tax requirements in order to maintain the charitable status and take advantage of benefits such as tax exemptions.
In order to obtain and maintain tax recognition as a non-profit organization, there are certain documents and records that you must regularly submit. Essential documents include the organization's constitution, the extract from the organization register, the current financial statements, and the organization's activity report. Additionally, a copy of the latest membership list, evidence of the organization's expenses and expenditures, and a list of the beneficiaries are required.
It is important to keep these documents regularly updated to meet legal requirements. An annual report on the organization's activities and proper bookkeeping are also necessary to maintain charitable status. Furthermore, ensure that all donation receipts are issued and documented correctly.
Regarding any special regulations or considerations regarding organization taxation, it is advisable to familiarize yourself with value-added tax rules, especially if your organization engages in economic activities. In this case, a separate value-added tax return may be required.
To ensure compliance with all legal requirements and take advantage of potential tax benefits, it is recommended to seek advice from an experienced tax advisor. They can assist you in preparing the necessary documents and filling out specific forms or applications.
I hope this information is helpful to you. If you have any further questions or need assistance, please feel free to contact me.
Best regards,
Günther Schmidt
