75% tax reduction on donations for the devastated archipelago

75% tax reduction on donations for the devastated archipelago
75% tax reduction on donations for the devastated archipelago

Matignon wants to encourage aid to Mayotte, devastated by a devastating cyclone. Donations up to 1,000 euros will entitle you to a tax reduction equal to 75% of the amount paid.

“To provide Mayotte and its inhabitants with rapid assistance that meets the humanitarian and health challenges, donations and payments made from December 17, 2024 and until May 17, 2025, will be entitled to the increased rate of 75%, within the limit of 1,000 euros,” the Prime Minister’s services indicated on Tuesday. Thus, a donation of 100 euros results in a deduction of 75 euros on income tax.

A rate which goes from 66% to 75%

These donations and payments must be made “for the benefit of associations and foundations recognized as being of public utility working on site to provide free meals to people in difficulty, to promote their housing, including through the reconstruction of residential premises rendered uninhabitable , or to provide care to people in difficulty, following Cyclone Chido,” according to Matignon.

The rate for donations to organizations of general interest or recognized as being of public utility is usually set at 66%. It is increased to 75% in certain cases, such as for donations to organizations helping people in difficulty or for those for the benefit of the Heritage Foundation for the conservation of religious real estate heritage.

Our articles on the situation in Mayotte

The situation of the archipelago, devastated by the deadly passage of Cyclone Chido and threatened by a health crisis, has sparked a significant wave of calls for donations and solidarity, while a partial toll has already reached 22 dead and 1,373 injured. , according to figures communicated Tuesday evening by the Ministry of the Interior. The authorities fear “several hundred” deaths, perhaps even “a few thousand” in the poorest department in .

France

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