Opportunities for companies to help
Donations for charitable purposes, for development projects and for domestic and international disaster relief, as well as donations to environmental and animal protection facilities, officially approved animal shelters and voluntary fire brigades or for certain other beneficiary purposes can be claimed as a tax deduction for income tax or corporate income tax purposes for both companies and private individuals, up to a maximum of ten percent of annual profit or total income. For donations to be tax-deductible, the organisation receiving the donation (e.g. charitable organisation) must be included on the list of beneficiary donation recipients, as prepared by the Federal Ministry of Finance (BMF).
Further links
- Deductibility of donations (→ BMF)German text
- List of beneficiary institutions (→ BMF)German text
Responsible for the content: Federal Ministry of Finance