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Recent years have seen increased interest in international
philanthropy and cross-border charitable giving. A new generation
of high-net-worth individuals, keen to dedicate part of their
wealth to philanthropic purposes, and an increasingly global
charitable landscape raise a range of complex issues. What is a
'charity'? Does that definition vary from one jurisdiction to
another? Are domestic charities taxed differently to foreign
organizations? Written by a team of experts from around the world,
International Charitable Giving provides a detailed and much-needed
treatment of the interaction between the various legal systems at
play in this complicated area of the law. By untangling the many
issues facing practitioners, it facilitates clear and comprehensive
advice to donors and recipients alike. The book provides a
comprehensive picture of the most important issues relevant to
charitable giving and philanthropy worldwide, including taxation,
issues surrounding money laundering and terrorist financing, and
the role of EU Law. Alongside a thorough discussion of the broader
issues impacting on charitable donation, the book includes a range
of chapters on specific national legal systems, including
Switzerland, Israel, and Hong Kong, as well as a chapter on Islamic
Law. Each of the jurisdictions has been selected because of its
tradition of charitable giving and relevance to the transfer of
charitable monies internationally, as well as its importance in
relation to the jurisprudence in the field. Expertly written, these
chapters provide a detailed survey of the laws, regulations, and
policies governing charities and their activities in the relevant
jurisdiction, together with an examination of the procedures to be
followed for tax-efficient transborder charitable giving.
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