Tax treatment of tax donation of NGOs

One of the most frequent issues that concern Nonprofit Organizations, which are active in Greece and which aim at attracting large donations, whether from natural or legal persons (eg Institutions), is the treatment of the tax donation.

The general rule is that most donations are subject to a self-imposed tax of 0.5% after deduction of tax-free 1000 € per year and at the same time per person; that is, Non-Profit Organization receiving from a given person within 12 months a donation of 1,200 € will yield a tax of 0 , 5% of 200 euros.

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