The Art Bonus program provides for income-tax deductions of up to 65% of sums donated to support Italy’s state-owned cultural heritage.
In accordance with Art. 1 of D.L. 31.5.2014, no. 83, “Urgent measures for the preservation of the cultural heritage, the development of culture and promoting tourism,” converted into law with amendments, as Law no. 106 of 29/07/2014, a tax credit was introduced for cash donations in support of culture and the performing arts, known as the Art Bonus, so encouraging individuals to foster the nation’s cultural heritage more effectively.
Whoever makes a cash donation in support of culture under the law can benefit from a substantial tax break in the shape of a tax credit.
To find out more visit the website