The case

According to a new report from the OECD governments should continue providing support to the philanthropic sector while taking steps to safeguard tax systems and ensure that the activities of philanthropic organisations continue to align with the public interest. For more see link.

Source: oecd.org

The commentary

“Philanthropy plays an important role in most countries, providing private support to a range of activities for the public good, and this is especially evident in the current context of the COVID-19 crisis. Looking ahead, governments need to strike the right balance between safeguarding tax systems while continuing to provide support to the sector.” (Pascal Saint-Amans, Director of the OECD Centre for Tax Policy and Administration. OECD).

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