Of the 1.6 million euros raised, €500,000 will be left after taxes The fundraising for the police officer's family was closed on July 4 with a total of 1.636.200€ collected. Is it over then? Wait, here comes the tax man.
The rule for donations between third parties is a hefty 60%
"gift tax", to which only some exception exist, like associations authorized to receive donations. The platform itself will also take a fee of 2.9%, equal to 68.000€.
The fundraising for Nahel's family, currently standing at 464.000€, is also set to suffer the same monetary fate.
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