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FAQ
HOW DO I START A LONG DISTANCE SPONSORSHIP?
ARE DONATIONS IN BEHALF OF ASIA DEDUCTIBLE?
For donations done in Italy:
As ASIA is both NGO (Non Governative Organization) and ONLUS (Italian Non-Profit Organization), donations for Long Distance Sponsorship are:
95 for INDIVIDUALS, deductible from the taxable income for all the donations up toA0 10% of the income declared, and a year maximum of 70.000 Euro.
95 for COMPANIES, deductible from the declared business taxable income up to 10% of the declared business income and up to a year maximum of 70.000 Euro. The maximum deductible of 70.000 Euro can be exceeded as the DL 35/05 provides (only for IRES subjects) for the applicability of pre-existing dispositions, that is the deductibility of 2% of the declared business income.
For donations done abroad:
Tax deduction is possible for suscribers paying trough ASIA’s offices in their countries according to national tax laws.