Matters related to taxes

The University of Tartu Foundation has been entered into the list of non-profit associations and foundations benefiting from income tax incentives, which means that a private person can apply for an income tax refund for each donation (we forward the personal identification code and the donated sum of the donor to the Tax and Customs Board by 1 February and this is reflected in the pre-completed tax return).

For the information on the undertakings, the donated sum has an income tax incentive up to 10% of the profit for the year or 3% of the sum subject to social tax according to the decision of the undertaking. The University of Tartu Foundation forwards the information to the Tax and Customs Board by 1 February each year.

The partner of the University of Tartu Foundation in mediating donations from the USA is the Estonian American Fund, and The University of Tartu Fund in Toronto helps to mediate the contributions from Canada.

If you have any further questions, please do not hesitate to write to tysiht@ut.ee