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What types of donations are eligible for tax deduction? - SH MAH & ASSOCIATES
What types of donations are eligible for tax deduction?
26-Feb-2024
What types of donations are eligible for tax deduction?
- Donations made to the government, state governments, local authorities, organizations, or funds approved by the Director General of Inland Revenue (DGIR).
- Gifts of handicrafts, manuscripts, or paintings donated to the government or state governments.
- Grants for facilities in public libraries, school libraries, and higher education institution libraries.
- Money or goods donated for the welfare and facilities provided to persons with disabilities in public places.
- Money or medical equipment donated to any medical institution approved by the Ministry of Health.
- Artworks donated to the National Art Gallery or any state art gallery.
- Money or goods donated to any approved sports activities or sports institutions.
- Money or goods donated to any national interest approved projects approved by the Ministry of Finance.
All terms are subject to LHDN's approval.