In France, all donors benefit from tax cuts. Please contact us for more information about tax deduction of foreign donations, legacy or life insurance.
In France, the amount differs depending on your situation:
- If you are an individual, you can deduct from your taxes, 66% of the amount of your donations within the limit of 20% of the taxable income.
- If you are a business, you can deduct 60% of your donation, whether annualized or monthly. Examples:
Annual amount of donations (in €) | Monthly payment possible | Tax deduction 60% | Annual real cost (in €) |
---|---|---|---|
20 000 | 1 666 | 12 000 | 8 000 |
30 000 | 2 500 | 18 000 | 12 000 |
40 000 | 3 333 | 24 000 | 16 000 |
50 000 | 4 166 | 30 000 | 20 000 |