Tax Benefit for Donors

The 2017 tax benefit for a person making donations to non-profit entities can be, at the choice of the tax payer:

  1. for cash or in-kind donations, deductible up to a maximum limit of 10% of the total declared income, up to a maximum of € 70,000 per year OR
  2. 26% IRPEF deduction
  3. on, up to € 30,000, for a maximum tax deduction of € 7.800

 

The 2017 tax benefit for a Company making donations to non-profit entities can be, at the choice of the tax payer:

  1. for cash or in-kind donations, deductible up to a maximum limit of 10% of the total declared income, to a maximum of € 70,000 per year OR
  2. deductible for an amount not exceeding € 30,000 or, if greater, 2% of the income to be subject to IRES

 

Tax-Efficient Giving in Europe

Thanks to Transnational Giving Europe (TGE), donors in various European countries are able to make tax-efficient gifts to The British School of Milan. The TGE network enables donors, both corporations and individuals, residing in one of the participating countries (to financially support non-profit organisations in other member countries, while benefiting directly from the tax advantages provided for in the legislation of their country of residence.