INFORMATION ABOUT THE FISCAL ADVANTAGES FOR DONORS
For potential donors the fiscal advantages in Germany are in the year of the establishing of the foundation up to € 307.000,-- from tax-free fortune to enforce (if necessary, distributed on 10 years). Each year a charge of extra deduction as donation to non-profit institutions of € 20.450,-- is romovalbe.
The foundation issues donation receipts for tax purpose.
In all other respects, the state of Germany recompenses donations into non-profit foundations with the exemption of death duty. This can be of large interest for testators who do not have heir-apparent or do not want to include their heirs in their will over the legal portion, or testators to which it is a need to help to secure the culture of the stage art operetta for the future generations.
THE E.F.O. IS GRATEFUL IN PRICIPLE ALSO FOR SMALLEST DONATIONS!
WE APPRECIATE YOUR EFFORTS AND THEREBY WILL ACT IN YOUR ORDER HONORABLY!
The foundation was certified on August 18, 2004 by the tax office in Munich (Germany) as non-profit character under the tax number 84 81 51 66
Banking-account of the foundation is:
Account-no: 720 351 9006
Bank-code: 100 900 00
For further information we arrange gladly competent partners for you. Please be so kind to contact us!
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