What is Art Bonus
In Italy there is a new favorable tax regime for those who support culture with charitable donations. It's called Art bonus, and it is a tax credit equal to 65 % of charitable contributions that individuals or companies make in favor of public cultural heritage.
The Art bonus is revolutionary for our country, which has a unique cultural heritage.
Now every citizen can contribute to protecting Italy’s cultural heritage, and passing it on to the next generations with this simple gesture.
With a donation, you can receive not only a tax advantage but also the pride in taking care of the Italian cultural heritage.
The tax credit Art bonus is granted to individuals, to non-profit organizations and businesses for charitable contributions destined to the following:
- maintenance, protection and restoration of public cultural works (eg. monuments, historic buildings, works of art);
- support of public cultural institutions (eg. museums, libraries, archives, archaeological areas and parks), opera/symphonic foundations and traditional theater and other entertainment organizations as required by the law;
- realisation, restoration and upgrading of facilities of public institutions dedicated to performances.