Fiscal advantages

What are the fiscal advantages?

Three good reasons to donate:

1. A strong attachment to the Toulouse Business School Group and a desire to reinforce the alumni network.
2. A motivation for the international development of the Toulouse Business School and to place it among the 20 leading Business schools by 2010.
3. Tax advantages that have appeared with the new law concerning donations made to foundations by physical persons. Exempt yourself from taxes while at the same time supporting the Toulouse Business School!
   

In France

• Income Tax (IRPP)
  66% of your donation can be deducted from your income tax up to 20% of your taxable income..
  This tax reduction can be spread out over 5 years for large donations that are superior to this 20% ceiling.
  Example : a donation of 1,000 euros costs only 340 euros after deduction.
  
• Wealth Tax (ISF Impôt sur la fortune)
  75% of the amount of the donation can be deducted from this tax with a ceiling set at 50,000 euros.
  Example: if you pay 1,000 of ISF you can make a donation of 1,333 euros and reduce the amount of ISF you have to pay to 0 euros.
  
• Corporate Tax (IS Impôt sur les sociétés)
  Companies benefit from a tax break of 60% of the donation, with a ceiling of 0.5% of the company turnover. Should this ceiling be exceeded the balance can be carried over for the 5 fiscal years following the donation.
  Example: a donation of 10,000 euros costs 1,000 euros after deduction..

If you are residing abroad there exist international agreements that can allow you to benefit from attractive tax deductions.

In the United States

• Friends of the Foundation of France
  The Foundation of France has created a foundation in New York so as to favor the generosity of American donors towards the development of projects the Foundation presents in the general interest for France.
  

In Europe

• The transnational donations network.
  The Foundation of France has put into place reciprocal agreements with 6 partner foundations in Great Britain, Holland, Germany, Poland and Ireland to favor the giving of donations outside of France. This network, Transnational Giving Europe, allows donors, individuals and companies that are subject to the tax laws of one of the partner countries to support charitable organizations in the other partner countries while at the same time taking advantage of the tax exemptions applicable in their countries of residence.