Whether the donation is tax deductible

Mondo Finance Updated on 2024-01-31

Recently, Gansu**, many anchor stars have made donations, so some bosses asked, do you think it's feasible to donate to tax deductions?First of all, it is certainly feasible to donate, but there are three things that must be paid attention to.

First, the donation must be made in the name of the enterprise, if you donate in the name of an individual, it is not deductible income tax, and the amount of the donation is capped at 12% of the annual profit, if it exceeds this amount, it can be carried forward in the next three years. Second, donations must have certificates, so donations must be donated to ** or some social groups, they can prove the authenticity of the donation for you, otherwise, we donate casually, who can prove that our money was donated to **?Third, donations, everyone should look at it rationally, not to say that the boss donations are for tax deductions, that people donate millions of dollars, but the tax deduction is limited, so it is definitely feasible to donate tax deductions, but for us, don't have too much purpose, too utilitarian, sometimes, it will outweigh the losses.

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