On 24 April 2012, the Government enacted Decree 134/012 introducing new procedural rules applicable to donations made by taxpayers subject to corporate income tax. Taxpayers must comply with the new procedure in order to benefit from the favourable tax regime for donations.
The rules apply to companies subject to corporate income tax (IRAE) that want to finance projects selected and approved by the Ministry of Economy with respect to education, health, research, child charity, arts, …