The Concertgebouw faces potential gift tax on millions in donations

The Concertgebouw may have to pay taxes on tens of millions in donations and inheritances due to its corporate structure. The Dutch tax authorities warned in March that the Concertgebouw's current structure does not qualify for tax-exempt gifts. This could lead to a 40% gift tax assessment on past donations. The Concertgebouw is transitioning to a foundation by January 1, 2026, believing this will resolve the issue, though the tax authority has not commented.