The Valter Baldaccini Foundation is a non-profit organization recognized by the Italian State. Being non-profit, in addition to qualifying its activities in the area of socially useful activities, it allows our donors to benefit from the tax benefits provided by Italian law.
As far as payment arrangements are concerned, payments must be made by postal or bank payment, i.e. by debit cards, credit cards, prepaid cards, bank and circular payments. We remind you that cash donations are NOT deductible.
In order to benefit from contributing, you must give the accountant, or the CAF, the receipt of the postal bill, the bank accountant for the payments made by bank transfer, copy of the check or the statement of account for the payments made by credit card.
It is not possible to deduct or deduce greater sums than what was actually disbursed and, in the aggregate, the various concessional schemes can not be summed up.
Are You a PERSON?
Then you have two options according to the rules applied to donations made the non-profit:
1. deduct from the gross tax 26% of the donated amount, up to a maximum of € 30.000,00 (art.15, paragraph 1 letter i-bis of D.P.R. 917/86);
2. deduct from your income donations, in cash or in kind, for a sum of not more than 10% of the total declared income and, in any case, up to a maximum of € 70,000.00 per year (Law Decree 35/05 converted into Law n 80 of May 14, 2005).
Alternatively, on the basis of the tax regime applied to liberal pay to NGOs, you have another option:
3. deduct from your income donations for an amount not exceeding 2% of the total declared income (art 10, paragraph 1 letter g of D.P.R. 917/86).
Are you a COMPANY?
If you are a company you can:
1. deduct from income, donations of up to € 30,000.00 or 2% of declared income (art. 100, paragraph 2 letter h of D.P.R. 917/86);
2. to deduct from income, in cash or in kind, a sum of not more than 10% of the total declared income and in any case up to a maximum of € 70,000.00 per year (art. 14, paragraph 1 of DL 35/05 converted In Law No. 80 of 14/05/2005).