Breaking News                 Latest News            Usa News                 Latest News

Getting Rid of Old Furniture Made Easy
By the end of the year the associations do their accounts and the morale is not good. Many of them have found a consequent fall in donations in their favour, in

The tax policy causes a fall in donations on behalf of associations

By the end of the year the associations do their accounts and the morale is not good. Many of them have found a consequent fall in donations in their favour, in

The tax policy causes a fall in donations on behalf of associations

By the end of the year the associations do their accounts and the morale is not good. Many of them have found a consequent fall in donations in their favour, in particular due to the various tax changes that had occurred in the year by the executive. In the line of sight, the replacement of the tax on wealth (ISF) by the tax on the real estate asset (IFIS) on January 1, 2018. For those subject to this tax yesterday to the ISF, today in the IFI - it is possible to obtain a reduction in tax in case of donation(s) to a recognized association of public utility. However, the number of taxable persons has dropped by more than half during the transition, and the change of taxation rules. Direct result: the number of likely donors has also declined drastically. But this is not all, the concerns vis-à-vis the CSG or the withholding at the source, which will enter into application at the end of January, also weigh in the balance. And it feels it...

" READ ALSO - associations concerned for 2018, the year "very difficult for the generosity"

donations for the League against cancer, for example, collapsed to 8 million euros this year. A decline "unprecedented" as the association assigns to the crisis and the "income tax uncertainties". "We are catastrophés. In general, we try not to yell at the wolf, but here, we are really concerned", indicates, in this sense, Christophe Leroux, director of communications of the League. "Our loyal donors tell us that they cancel their donations because they need to help their family, or they procrastinate because they are lost from the point of view of tax, between the CSG and the collection at the source", he says. The decline in donations may threaten research projects or the financing of awareness raising actions. "We should make choices, to maintain the help people who are ill," says Christophe Leroux.

"in The first half, we have experienced a drop in donations of 6.5 %. Given the fiscal context, and the socio-economic, the second half is not going to be terrible no more", says his side France Generosities. Same sound of bell on the side of the Telethon, which has seen its collection of donations to reach this year's 69 million euros against 75 million in 2017. "It is complicated for us to make the share of things between the events of the end of the year and tax reform, but it is certain that we have had to face in 2018 to circumstances quite special," says Claire Schiller from Echoes .

" READ ALSO - The French are the least likely to give to associations

moreover, the catholic Church has found, also, during the first nine months of the year, a decrease of 2.2% in the "denier", its main resource. "In 2018", the"warning indicator" turned "red", stressed Ambroise Laurent, deputy secretary-general of the CEF in charge of finance. "For the first time, if the statistics at September 30, the end of the year, we would have a decline of 2.2%" of the penny. And 5% by integrating "the gifts that were made with a deduction ISF (Tax on fortune). Three phenomena explain the decrease of 2018, according to Ambroise Laurent: the "way of deduction at source (which) has caused a wait-and-see", the decline in donations TFR (from 55% to the penny) because of the removal of this tax, and concerns over "the economic and social situation", which have an impact on the generosity of the French people".

Publish Date : 29 Aralık 2018 Cumartesi 00:00

Breaking News Headlines

This woman chastises Apple and Google billions of dollars – we Have a large desk
This woman chastises Apple and Google billions of dollars – we Have a large desk
Health Stocks Yielding Healthy Dividends
Health Stocks Yielding Healthy Dividends
Who wield the gavel on Dani Mateo
Who wield the gavel on Dani Mateo
Stopped a narco with 450 kilos of hashish in the car after an accident in Malaga
Stopped a narco with 450 kilos of hashish in the car after an accident in Malaga
The PP accused the PNV of to manufacture an atomic bomb with the new Statute agreed with Bildu
The PP accused the PNV of to manufacture an atomic bomb with the new Statute agreed with Bildu
The associations of students of 26 universities unite to challenge the monarchy
The associations of students of 26 universities unite to challenge the monarchy
The EU is betting on a supercomputer that anticipates natural disasters
The EU is betting on a supercomputer that anticipates natural disasters
The otp requests that are not supported the challenge against Marchena for the ‘whatsapp’ of Cosidó
The otp requests that are not supported the challenge against Marchena for the ‘whatsapp’ of Cosidó
The Government agrees to negotiate with the Basque country and the transfer of the prisons
The Government agrees to negotiate with the Basque country and the transfer of the prisons
Spain is negotiating to return to Libya to 12 migrants rescued by a fishing boat
Spain is negotiating to return to Libya to 12 migrants rescued by a fishing boat
Luck of the draw for German players at the Darts world championship
Luck of the draw for German players at the Darts world championship
Kramp-Karrenbauer against Merz: Now you want to understand the wrong, to take advantage
Kramp-Karrenbauer against Merz: Now you want to understand the wrong, to take advantage
Pages
NEWS ARCHIVES