Support Hanken - your donation is tax-deductible

Donations to Hanken are tax-deductible for private individuals and associations

According to Parliament's decision (December 19th, 2008), donations between 850 euros and 250 000 euros made to Hanken during 2012 are tax-deductible for income-tax purposes for private individuals as well as associations.

How do tax-deductions on donations to Hanken work?

Private individuals

If the taxable income of a private individual amounts to 10 000 euro, a donation of 1000 euro means 9000 euro will be taxed. The right to tax-deduction does not apply to capital income. Hanken notifies the tax administration authorities of donations received by private indivduals (donors must complete deeds of gift).

Coroprations

If a corporation's taxable earnings amount to 20 000 euro, a donation of 2000 euro means 18 000 euro will be taxed. Note that this does not apply to open-ended investment companies or limited partnership business entities.

When making a donation, all donors must submit a completed deed of gift to Hanken.