ESCP Business School Foundation is eligible to receive IFI donations
The IFI donation allows you to reduce your Impôt sur la Fortune Immobilière (wealth tax) by 75% of the amount of your donation (up to a maximum deduction of €50,000, i.e. a donation of €66,667), or even to reduce it to zero.
For example, a donation of €2,000 will cost you €500 after tax.
Donations eligible for deduction from your 2024 IFI must be made between the 2023 IFI filing deadline and the 2024 IFI filing deadline.
2024 deadline for IFI declarations
You therefore have until the deadline for filing your IFI 2024 return (which is combined with your income tax return) to make your donation. The deadline for filing online depends on your département of residence:
- Thursday 23rd May for departments 01 to 19 and residents abroad.
- Thursday 30th May for departments 20 to 54 (including 2A and 2B).
- Thursday 6th June for departments 55 to 974/976.
(The deadline is 21 May 2024 for paper returns).