Donation: an exemption of €100,000 to help relatives until 30 June 2021

Conditions relating to the donor and the amount of money

The amount of money must be paid in cash (check, transfer, cash remittance) between July 15, 2020 and June 30, 2021.

The donor exemption ceiling shall be set at €100,000. However, a single recipient may receive several donations from €100,000 (for example, a donation from one of her parents and another from one of her grandparents).

Example: you want to help your 2 children equally. You can give them €50,000 each one without paying donation rights provided that their investment projects meet the conditions set.

Conditions relating to the beneficiary

Whoever receives the donation must be:

• the donor's child, grandchild or great-grandchild;
• or, if the donor has no descendants, his nephew or niece.

Conditions related to the use of the donation

In order to benefit from the exemption, the grant must finance:

• the construction of the beneficiary's principal residence;
• carrying out energy works eligible for the energy transition premium in the beneficiary's principal residence;
• the investment in the capital of a small company (less than 50 employees, active for less than 5 years, not yet having distributed profits and with a balance sheet of less than €10 million) whose management is ensured by the recipient of the donation for a period of 3 years. It may be a company creation;

The amount received by the donee must be used within 3 months of its payment.