The charity and nonprofit sector represents hope, resilience, and solidarity. To ensure the reach and effectiveness of this sector, it is essential for both donors and the organizations they support to understand how taxation affects charitable donations. By providing guidance on tax incentives such as deductions and credits, we show donors how to enlarge their contributions without incurring additional costs. We also help nonprofit organizations to secure and maintain Section 46 status, ensuring long-term compliance and benefits.
Services
Tax-Exempt Status: We assist nonprofits in obtaining Section 46 certification, which allows donors to receive tax deductions for their contributions. To the extent applicable, we also help nonprofits identify activities that may result in taxable business income, such as commercial endeavors that are not directly linked to the nonprofit’s charitable mission.
VAT Matters: We provide nonprofit organizations with comprehensive guidance on VAT-related matters. This includes assistance in identifying eligible VAT exemptions, assessment of activities that may be classified as unrelated business, and advice on VAT-applicable transactions such as the lease or sale of real estate.
Representation in Tax Authority Audits: Our team represents nonprofits in audits or examinations by the Israeli Tax Authority. We respond to inquiries, supply required documentation, address compliance concerns, and resolve disputes to provide you with the best possible result.