Companies can make cash donations, of course, but also through the foregone income (rather than paying you, your client donates the money to an organization of your choice on your behalf). Donations of movable and immovable property, services, and the provision of staff are also eligible, and this is where things get interesting.
In-kind sponsorship refers to the donation of real estate, personal america cell phone number list property, or services. The valuation of these donations is an issue for calculating the tax reduction. Fixed assets are in fact valued at their sale value, while personal property and services are valued at their cost price.
So don't forget to add the transport costs and the cost of storing unsold items (yes, those that have been lying around for years at the back of the warehouse) when you give the valuation to the organization that benefits from your donation, so that it can issue its “patronage tax receipt”.
This type of sponsorship involves making employees available during their paid working hours and free of charge. The valuation of this provision is capped at 10,284 euros per month and per employee, which allows companies to benefit from a significant tax reduction while engaging their employees in projects of general interest.
Rather than getting angry when Maryse and Jean-Pierre (the faithful followers of the MMIO blog will understand) are bored at the office on Friday, send them to work for a cause that is dear to them in an association, and earn 60% in tax reduction on the mobilized payroll.