French taxpayers
Tax reduction of 66 % of the donation under taxable income
Donations are eligible for an income tax reduction equal to 66 % of the amount donated, up to a limit of 20 % of disposable income. A donation of 50 euros entitles you to a tax reduction of 33 euros, a donation of 100 euros to a reduction of 66 euros, etc. If the disposable income is exceeded, the excess can be carried forward for the following five years.
Reduction of 75 % of the donation under the IFI
Regarding the Real Estate Wealth Tax, donations to charities qualify for a tax reduction equal to 75 % of the amount paid. This reduction is capped at 50,000 euros. It cannot be combined with income tax. Combining tax reductions is not permitted on the same donation.
It cannot be combined with income tax. Accumulation of tax reductions is not permitted on the same donation.
In this case, you will then simply need to note on your tax receipt the portion that you wish to deduct for each of the two taxes. However, the simplest option is still to make two separate donations to receive two separate receipts to justify the validity of the tax benefits obtained following your gesture and in both cases.
NB: IFI-PME deduction ceiling reduced to €45,000.
