Description
MAKE A DONATION BY CHEQUE
To make a donation to the community of Sainte-Madeleine Abbey, please make your cheque payable to Monastery of Saint Magdalene and send it to :
Sainte-Madeleine Abbey - Secretariat
1201 chemin des Rabassières - 84330 LE BARROUX
specifying whether you would like a tax receipt (see information Tax benefits below).
Abroad: due to high bank charges, we can only accept cheques made out in euros, payable at a bank in France.
The monks thank you for your interest in their community and for your generosity.
TAX BENEFITS
The association Monastery of Saint Magdalene is treated in the same way for tax purposes as associations recognised as being in the public interest. It can therefore issue tax receipts for the donations it receives.
If you are liable forIncome tax (IR), 66% of your donation is tax deductible up to a limit of 20% of your taxable income. Beyond this limit, the excess can be carried forward to the next 5 years under the same conditions.
Example: if you make a donation of €100, you can deduct €66 from your income tax. Your donation therefore only costs you €34.
For a donation made by a company subject to theCorporation tax (IS), 60% of the donation is tax deductible up to a limit of 5‰ of the company's turnover. Beyond this limit, the excess can be carried forward to the following 5 years under the same conditions.
Example: if your company makes a donation of €5,000, you can deduct €3,000 from your corporation tax.
(References: articles 200 and 238 bis of the General Tax Code).
For a one-off donation, a tax receipt will be sent to you on request within a fortnight. If you make a regular donation, a global receipt summarising all your payments for the current year will be sent to you in January of the following year.
If you are liable for the Impôt sur la fortune immobilière (IFI) and would like to benefit from the tax advantages granted as a deduction from this tax, please contact us to find out how to pay.
The tax receipt you receive will entitle you to an IFI reduction of 75% of your donation, subject to a maximum reduction of €50,000.
Example: for a donation of €1,000, your tax will be reduced by €750.
Please note
- Donors can make donations that are deductible from their income tax (IR) and donations that are deductible from their wealth tax (ISF).
- But there can be no accumulation of tax benefits: the percentage of the amount of the payments that is not deducted from either personal income tax (33%) or wealth tax (25%) is considered as having given rise to the tax benefit and cannot be used for another tax.
