TAX BENEFITS

If you are a taxpayer who does the individual income tax return in Italy, the tax benefits provided for those who make donations to non-profit organizations differ according to who has made them (natural person or company). Taxpayers, both natural persons and entities, who wish to make donations to non-profit organizations can choose alternatively between two benefits. 

Natural persons

– 30% cash and in-kind donations deductible up to a maximum of € 30,000 for each tax period. Alternatively, donations in cash or in kind are deductible up to 10% of the total declared income; 

Companies and organizations

– donations in cash and inkind deductible up to 10% of the total declared income and removal of the limit imposed by the previous regulation (€ 70,000 / year). If the deduction exceeds the declared total net income, the surplus will be deducted up to the fourth subsequent tax period. 

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