Francis Charhon, founder of CHT Council and vice-chairman of the foundation, Doctors without borders, recalled that some of his gifts will reduce his taxes by 75%.
philanthropy is a means of substantially reducing his income tax?
Yes, the donors can benefit from a 66% tax reduction on the majority of donations to organizations of public utility, up to 20% of their annual income. The tax reduction is increased to 75% on donations to charitable organizations of direct assistance to people in difficulty, up to 530 euros.
OUR DIRECTORY >> How to pay less taxes?
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And with the passage of the ISF to the IFIS?
Even with the transformation of the TFR in the IFIS, those who are accountable will also continue to benefit from a tax reduction of 75% on their donations to public benefit foundations and other eligible bodies, in the limit of 66666 euros of donations.
Francis Charhon, founder of CHT Council and vice-president of the foundation, Doctors without borders.
AFP PHOTO / LIONEL BONAVENTURE
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What is it of those who would be exempt?
If they pay less or no IFIS compared to the ISF, they will be able to defer their donations on the reduction of taxes on income.
