Covid-19 donations: published the Inland Revenue's resolution on tax benefits

The Inland Revenue, with resolution 21/E of April 28, 2020, clarified the procedures to adopt and the documentation needed to benefit from the tax benefits pursuant to Article 66 of Decree-Law no. 18 of March 17, 2020.

In particular, donors who directly deposited into the bank account of the Civil Protection Department, have to keep the transfer, or similar documentation proving that the operation was carried out through traceable tools (debit cards, credit cards, prepaid cards, bank cheques and cashier's cheques).

With regard to payments made through intermediary collectors, for example through crowdfunding platforms, as well as those made through the entities referred to in Article 27 of Law No. 133 of 1999, donors must be in possession of the receipt of the payment (bank or postal account, statement of account of the company managing the credit card, debit card or prepaid card) or the receipt attesting that the operation was carried out on platforms provided by intermediary collectors or crowdfunders, as well as the attestation issued by the collector, the manager of the crowdfunding platform or the bodies referred to in the Prime Ministerial Decree of June 20, 2000, stating that the donation was paid into bank accounts dedicated to the COVID-19 emergency (cf. Resolution no. 441/E of 17 November 2008 and no. 160/E of 15 June 2009 concerning donations made through employers).

In  case of collections effected on other current accounts, not registered to the Civil Protection Department, the promoter of the collection, upon presentation to the Civil Protection Department of the payment transfers to one of the two current accounts 66387 and 66432, will receive a specific receipt showing, besides the crediting of the sum, that the donations were aimed at financing interventions in the field of containment and management of the COVID-19 emergency.