Tax Treatment
The National Museum of Nature and Science is recognized as a “Specified Public Interest Promotion Corporation” under tax law. Individuals and organizations that make donations to the museum may be eligible for income tax and corporate tax benefits for
their contributions. Membership fees for supporting members are also eligible for these tax benefits. This is an annual donation-based membership program. Members may choose to renew their membership each year.
A membership card and a donation receipt will be issued to all contributors. Individual donors may be eligible for tax deductions when filing their income tax returns. Corporate donors may receive preferential treatment for tax-deductible contributions.
Individuals
Individuals who make donations to a Specified Public Interest Promotion Corporation are eligible for a “donation deduction,” allowing a portion of their contribution to be deducted from taxable income.
Preferential Tax Treatment
For donations, an amount equal to the donation minus 2,000 yen (up to 40% of the donor’s total income for the year) can be deducted from taxable income.
Estimated Income Tax Reduction
| Over 1,950,000 yen to 3,300,000 yen
(10%) |
Over 3,300,000 yen to 6,950,000 yen
(20%) |
Over 6,950,000 yen to 9,000,000 yen
(23%) |
Over 9,000,000 yen to 18,000,000 yen
(33%)
|
Over 18,000,000 yen to 40,000,000 yen
(40%)
| ||
| Contribution Amount | 10,000 yen | 800yen | 1,600yen | 1,840yen | 2,640yen | 3,200yen |
| 50,000 yen | 4,800yen | 9,600yen | 11,040yen | 15,840yen | 19,200yen | |
| 100,000 yen | 9,800yen | 19,600yen | 22,540yen | 32,340yen | 39,200yen | |
| 500,000 yen | 49,800yen | 99,600yen | 114,540yen | 164,340yen | 199,200yen | |
| 1 million yen | 99,800yen | 199,600yen | 229,540yen | 329,340yen | 399,200yen | |
*Taxable Income (for salaried employees)
= (i) Employment Income (Total salary income − Employment income deduction)
− (ii) Income Deductions (Basic deduction, spouse deduction, dependent deduction, social insurance premiums, life insurance premiums, etc.)
Groups
When a corporation makes a donation to a Specified Public Interest Promotion Corporation, the amount donated can be included as a deductible expense. (This allows for a larger deduction than donations made to general corporations.)
Limit for Deductible Expenses = { (Capital × 0.375% + Annual Income × 6.25%) × 1/2 }
Estimated Limit for Deductible Expenses
| Capital | |||||
| 10 million yen | 30 million yen | 50 million yen | 100 million yen | ||
| Annual Income | 5 million yen | 175,000yen | 212,500yen | 250,000yen | 343,750yen |
| 10 million yen | 331,250yen | 368,750yen | 406,250yen | 500,000yen | |
| 30 million yen | 956,250yen | 993,750yen | 1,031,250yen | 1,125,000yen | |
| 50 million yen | 1,581,250yen | 1,618,750yen | 1,656,250yen | 1,750,000yen | |
Example: For a company with capital of 30,000,000 yen and annual income of 10,000,000 yen, the limit for deductible expenses is:
{ (30,000,000 × 0.375% + 10,000,000 × 6.25%) × 1/2 } = 368,750 yen
Therefore, for example, if a donation of 300,000 yen is made, the full amount can be included as a deductible expense.
Inquiries
For inquiries regarding Supporting Members or to submit documents, please contact the following.