On Monday, October 26, an amendment to the law on inheritance and donation tax enters into force. It expands the circle of those entitled to exemption from inheritance and donation tax, among others about foster children.
According to the amendment exempt from inheritance and donation tax will be granted, inter alia, charges of foster families and family orphanages. Under the new regulations, inheritance or donation will also be exempt from tax in the case of people staying or staying in a foster family or in a family orphanage.
New solutions include foster families, family orphanages, care and educational institutions and other forms of care performed by related and unrelated persons, as defined in the Act on foster care.
The amendment provides that descendants are also understood as persons who are staying or stayed in a foster family, in a family orphanage, in a care and educational institution or in a regional care and therapy institution, and as descendants are also understood as persons creating a foster family, running a family home. a child or working with children in a care and educational facility or in a regional care and therapeutic facility.
Caregivers are like parents
The authors of the regulations argued that children in foster care or family orphanage are brought up in most cases throughout their childhood, in many cases they consider their guardians to be real parents and vice versa – caregivers consider them their own for the rest of their lives.
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