ART HELPS ONLY BONUS PUBLIC GOODS
Art. 1, D.L. May 31, 2014, n. 83, made provision for a tax credit in favour of the subjects who make cash donations in support of culture (c.d. "Art-Bonus").
The benefit is accorded to persons and legal entities and even if donations are intended to those dealers or subcontractors of goods subject to such action.
In addition, thanks to the new www.artbonus.gov.it portal will be easier to make use of the facility by identifying interventions bolster, beneficiaries and fiscal fulfilments needed.
The determination of the tax credit-the tax credit is determined in percentage on the donations you make. Paragraph 1, art. 1, D.L. n 83/2014, predicts that the same shall be equal to 65% of deliveries accomplished in 2014 and 2015 and 50% of disbursements made in 2016.
This measure of concession, temporary in nature, is recognized for donations made in cash only (payment by Bank, post office, debit, credit and prepaid cards, cheques and circular). Therefore, excluding donations in kind.
The allocation of disbursements-disbursements must be used:
-maintenance, protection and restoration of cultural heritage;
-the support of institutions and places of public culture (museums, libraries, archives, archaeological parks and areas, monumental complex ex art. 101, d. Lgs. # 42/2004);
-only by 2015, supporting (without specific finalization) lyric-symphonic foundations and tradition (theatre art. 1, par. 11, 2015 stability law);
-the creation of new structures, restoration and strengthening of existing ones, to public institutions, not-for-profit organization, held exclusively in activities.
Taken from Fiscal focus