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</html><thumbnail_url>https://www.swissfoundations.ch/wp-content/uploads/2021/10/comphigh-1.png</thumbnail_url><thumbnail_width>1440</thumbnail_width><thumbnail_height>692</thumbnail_height><description>Today, the Philanthropy Advocacy initiative &#x2013; led by Dafne and EFC &#x2013;launched the most comprehensive overview to date of the legal and fiscal regulation of foundations and philanthropy in Europe. The 2021 &#x201C;Comparative Highlights of Foundation Laws&#x201D; provides a broad, comparative overview of the diverse legal and fiscal environments of foundations &#x2013; across 40 countries &#x2013; as well as identifies relevant trends and developments.&#xA0;The Swiss country profile was written by SwissFoundations (Julia Jakob) in collaboration with Center for Foundation Law, University of Zurich (Prof. Dr.&#xA0;Dominique Jakob and&#xA0;Renata Trajkova).The report looks into how philanthropy in Europe is regulated from a comparative perspective, what legal requirements exist to establish a foundation, whether foundations &#xA0;can pursue only public-benefit or also private purposes, what governance requirements are set out, what forms of tax incentives exist to encourage philanthropic organisations and giving and how this differs across the continent or what impact anti-money laundering and anti-terrorism legislation has on the European philanthropy sector.&#x201C;While many governments have introduced tax incentives to stimulate philanthropic activity, an enabling environment &#xA0;goes beyond tax incentives and includes the freedom to set up a public-benefit organisation, as well as the freedom of foundations and donors to operate without undue restrictions, either domestically or across borders,&#x201D; says Hanna Surmatz, legal expert and co-lead of the Philanthropy Advocacy initiative.</description></oembed>
