Recent legislation increases the deductible amount in favour or charities (not-for-profit associations – ONLUS) and the like, from 19 to 26% according to the most recent legislation to a maximum of € 2,065 (for individuals ) or in the event to 2% of the taxable company income (Ref.: art.100, para 2, H) Italian Presidential Decree 917/1986 Consolidated Law on Income (Testo Unico delle Imposte sui Redditi).
When filing taxes, payers can reduce the taxable amount used to calculate by deducting the sum (donation) in reason of the relevant tax rate.
Donations for not for profit associations (ONLUS) deductions cannot exceed 10% of overall taxable income, and in any case never top € 70,000.