With Art Bonus, cultural donations come with a 65% tax benefit.
Art Bonus allows private individuals, non-commercial entities, and businesses to make liberal donations in support of Italy’s public cultural heritage, while enjoying a tax credit equal to 65% of the donated amount.
To learn more about Art Bonus and the relevant regulations, please visit the official website.
How to Become an Art Bonus Patron
Anyone can become an Art Bonus patron.
The 65% tax credit is available to individuals (employees, retirees, self-employed individuals), income-earning entities (sole proprietors and companies), and non-commercial entities (e.g., banking foundations, associations). To benefit from the tax credit, it is sufficient to make a bank transfer (or another traceable payment) with the reference ‘Art Bonus’ that identifies the purpose and the beneficiary organization.
To learn about the Bargello Museums’ projects that you can support and those already realized thanks to the contributions of patrons, visit the dedicated page.
Tax Benefits
The donor, known as a patron, who makes a donation can enjoy a tax credit of 65% for the contributions made, as a percentage of taxable income (in the case of individuals or non-commercial entities) or annual revenue (in the case of companies or sole proprietorships with business income). This means that anyone who decides to make a donation to support cultural heritage, without any minimum donation limit, can deduct a percentage of the amount donated from their income tax return in equal installments over the following three years.
Depending on the qualification of the entity making the liberal donations, there are differentiated maximum limits for the entitlement of the tax credit. For individuals and non-commercial entities (employees, retirees, professionals) who do not engage in commercial activities, the tax credit is recognized up to 15% of taxable income; for entities with business income (corporations and sole proprietorships) and non-commercial entities that also engage in commercial activities, the tax credit is recognized up to 5 per thousand of annual revenue.
The accrued tax credit must be divided into three equal annual installments. For entities with a fiscal year that does not coincide with the calendar year, the division into three equal annual installments must be understood in relation to the three fiscal periods in which the credit is used. Different methods of use are provided for, depending on the qualification of the entity making the liberal donations.
For all the details on tax benefits and how to use them, please visit the dedicated section on the official website.