Matters related to taxes

Donating is economically beneficial!

The University of Tartu Foundation is included in the list of non-profit organizations and foundations with income tax benefits, therefore:

• A donation from a private individual is exempt from income tax up to 1,200 euros per year (including training costs). The foundation forwards the donor's personal identification code and donation amount to the Tax and Customs Board by 1 February, and the donation amount is reflected in the pre-filled income tax return. The private individual can claim a tax refund on the donation made or, if they wish, re-donate the refundable amount.
• The amount donated by an entrepreneur is eligible for income tax benefits, at the entrepreneur's own choice, up to 10% of the annual profit or 3% of the amount taxable with social tax. The Tartu University Foundation forwards the data to the Tax and Customs Board by 1 February.

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

For more information, read Gifts and donations | Estonians Tax and Customs Board.

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