Tax benefits for donations by legal persons
(Legislative Decree n. 117/2017 – Section 83)

Donations, whether of money or in-kind, are deductible from total net income up to 10% of total declared income.

N.B. If the deduction exceeds declared total net income, the excess can be deducted in future tax years, up to the fourth year following.

Beginning on January 1, 2015, holders of business income may deduct these donations up to 30,000 euros or 2% of declared income, whichever is less (Section 1, paragraph 104, of the Stability Law of 2015).

Monetary donations are deductible only if effected with traceable means of payment (check, bank transfer, postal order, debit or credit card).

Tax benefits for donations by natural persons
(Legislative Decree n. 117/2017 – Section 83)

Donations, whether of money or in-kind, are deductible from the gross income tax amount up to an amount equal to 30% of the gift itself, for a total amount in any tax year not greater than 30,000 euros.

Alternatively:
Donations, whether of money or in-kind, are deductible from total net income up to 10% of total declared income.

N.B. If the deduction exceeds declared total net income, the excess can be deducted in future tax years, up to the fourth year following.