Ibfd

What it reported doing in 2024

Tthe ibfd is a private research foundation located in amsterdam, the netherlands. The ibfd is dedicated to providing thorough, complete, and detailed information on international taxation through the collection and dissemination of source documents, data, tables, commentary and analysis of national tax legislation, tax regulations, tax cases, tax treaties, and tax systems of countries located throughout the world. The information is made available to the public primarily through a web-based research platform. The ibfd also publishes professional level books, treatises, and journals in print form, although this represents a minor portion of ibfd revenue. The website of the ibfd is www.ibfd.org. The primary users of ibfd information are accounting firms, law firms, governments, universities, tax advisors and taxpayers in countries throughout the world. It is the goal of the ibfd to provide information and analysis on a fully independent, neutral, and non-partisan basis for both governments, tax advisors, and taxpayers. The research staff of the ibfd is comprised of attorneys, accountants, economists and other professionals with expertise and experience in international taxation. Through its tax services department, the ibfd engages in tax training courses for tax professionals and tax administrations and in tax research and consultancy projects for governmental agencies and departments, including the oecd. Through its academic department, the ibfd provides speakers for international tax conferences and hosts visiting post-doctorate fellowship opportunities for university professors and other academics conducting research in international taxation. The ibfd maintains a tax library which is open to the public, including ll.m. Students from universities in the netherlands and other academic institutions and researchers. The ibfd believes that it maintains the largest collection of books and materials on international taxation that is available. The ibfd is the sponsor and host resident of the international association of tax judges (iatj), a voluntary association of judges who are members of national tax courts. The iatj acts as a forum for tax judges throughout the world to share information, knowledge, and exchange of views. The iatj's membership is composed of more than 150 judges representing africa, asia, australia, europe, north, and south america, and includes tax judges in the united states.

Financial Efficiency

• Mission deployment rate: 90.4%; rating input score 90
• Program expense ratio: 86.6%; rating input score 87
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
• Pay-setting controls: 4 of 6 controls in place; rating input score 67
  • Compensation committee: Pass
  • Independent consultant: Pass
  • Other Form 990s reviewed: Missing
  • Written employment contract: Pass
  • Compensation survey or study: Missing
  • Board or committee approval: Pass
• Foreign activity oversight: Scored; rating input score 0
• Grant itemization coverage: Scored; rating input score 0
• Major donor itemization: Limited
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
• Governance controls: 7 of 9 controls in place; rating input score 78
  • Conflict-of-interest policy: Fail
  • Whistleblower policy: Pass
  • Document-retention policy: Fail
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -2.9%; rating input score 21; 21st percentile among comparable filings
• Total-asset coverage ratio: 1.41; rating input score 49; 49th percentile among comparable filings
• Liabilities to assets ratio: 0.48; rating input score 31; 31st percentile among comparable filings
• Officer compensation ratio: 6.7%; rating input score 38; 38th percentile among comparable filings

Growth

• Program expense growth: 7.1% per year; rating input score 100; 56th percentile among comparable filings
• Revenue growth: 4.8% per year; rating input score 100; 42nd percentile among comparable filings
• Asset growth: -3.4% per year; rating input score 0; 4th percentile among comparable filings