All donations to Nasara per il Burkina are tax-deductible or eligible for tax credits within the limits set by law, provided they are made through bank transfers, postal current account payments, cashier’s checks, or bank checks made out to Nasara per il Burkina Onlus with the clause “non-transferable.”
Nasara per il Burkina is a non-profit organization (ONLUS) under Legislative Decree no. 460/97.
Tax Benefits for Individuals
*Ref.: Art. 14, Decree Law no. 35/2005*
Monetary or in-kind donations made by individuals to ONLUS are deductible up to 10% of the declared total income, and in any case, no more than EUR 70,000 per year.
*Alternatively*
*Ref.: Art. 15, paragraph 1, letter i-bis) of Presidential Decree 917/86*
Cash donations up to EUR 2,065.83 (4 million lire) to ONLUS allow for a tax credit of 19% of the donation made.
*Alternatively*
*Ref.: Art. 10, letter g) of Presidential Decree 917/86*
Contributions, donations, and offerings made to non-governmental organizations (NGOs) as defined in Article 28 of Law 26 February 1987, no. 49, are deductible from the total income up to 2% of the declared total income.
Tax Benefits for Businesses
*Ref.: Art. 14, Decree Law no. 35/2005*
Monetary or in-kind donations made by entities subject to corporate income tax to ONLUS are deductible up to 10% of the total income, and in any case, no more than EUR 70,000 per year.
*Alternatively*
*Ref.: Art. 100, paragraph 2, letter a) of Presidential Decree 917/86*
Donations to non-governmental organizations are deductible up to 2% of the declared business income.
*Ref.: Art. 100, paragraph 2, letter h) of Presidential Decree 917/86*
Cash donations up to EUR 2,065.83 or 2% of the declared business income are deductible if made to ONLUS.
