Tax rules applying to your donation

As an individual, your donation is tax exempt up to 66% (Income Tax) and even 75% under the Real Estate wealth Tax (if you are concerned by French Taxes).
How does it work ? All the information can be found in this section and if you have any further questions, please do not hesitate to contact us!
Tax deduction in the context of income tax
Amount of your donation
tax deduction (66%)
actual expense for you
100 € 66 € 34 €
300 € 198 € 102 €
500 € 330 € 170 €
1 000 € 660 € 340 €
3 000 € 1 980 € 1 020 €
In the context of the real estate wealth tax
Amount of your donation
tax deduction (75%)
actual expense for you
300 € 225 € 75 €
2 000 € 1 500 € 500 €
10 000 € 7 500 € 2 500 €
50 000 € 37 500 € 12 500 €
66 666 € 50 000 € 16 666 €

Income

The tax reduction will be 66% of the amount of the donation within the limit of  20% of taxable income.

If the amount of your donations exceeds this limit, the surplus will be carried over to the next five years. You will thus obtain your tax reduction under the same conditions. The oldest surpluses are retained in priority on your new donations.

Real Estate (IFI)

The tax reduction will be 75% of the amount of the donation, with a ceiling of 50 000 euros (which corresponds to a donation of 66 666 €), for people subject to the Tax on Real Estate Fortune (IFI).

Please note that, unlike income tax, in the event of a surplus, no carry forward is possible to the IFI of subsequent years.

! To be noted: the two cannot be combined !

If the donation qualifies to be deducted for income tax and IFI, the same amount cannot be used twice. When the donation is eligible for both devices, the donor can choose one or the other or decide to allocate their donation.

Being committed with the Cannes Foundation, a win-win sponsorship.

VSEs, SMEs, large companies: all companies that wish can become a partner of the Cannes Foundation.

Joining the Cannes Foundation as a corporate sponsor means:

  • Solidify your values and put them at the service of useful and concrete local projects
  • Strengthen your implication in the local area and enhance your company’s commitment in social matters
  • Develop special relationships with all the administrators, sponsors, partners, and supported charities
  • Participate in the development of useful projects for the territory and for your collaborators
  • Reorient your taxation in favor of local development
Tax deduction for a professional
Amount of your donation
 tax deduction (60%)
Actual expense for you
1 000 € 600 € 400 €
5 000 € 3 000 € 2 000 €
10 000 € 6 000 € 4 000 €
20 000 € 12 000 € 8 000 €
50 000 € 30 000 € 20 000 €

Companies can deduct from their corporate tax (if concerned by French taxes) 60% of the amount of their donations up to 2 million euros in donations and 40% above 2 million euros. The annual ceiling for donations eligible for the tax advantage is € 20,000 or 0.5% of their annual turnover excluding taxes. If the ceiling is exceeded, the surplus can be carried forward over the next 5 years.