Rescue & Recover Fund donations are eligible for tax exemptions in France and Luxembourg, in accordance with the tax regimes in each country.
If you are tax-resident in France, 66% of your donations are tax deductible!
This means that 66% of donations made to the Rescue & Recover Fund can be deducted from your tax liability, up to a limit of 20% of your taxable income.
If you are tax-resident in Luxembourg, 100% of your donations are tax deductible!
To benefit from these tax exemptions, you need to donate a minimum of €120 in a year. Additionally, the amount you can donate in any one year cannot exceed €1 million, or 20% of your net income.