Tax benefit

Tax benefit

Donations to I-House are eligible for a tax deduction in Japan. Please claim such a tax deduction at the local tax office by presenting a receipt and a copy of the certificate. If you are filing taxes in the United States and would like to receive the U.S. tax benefit, please consider donating to the I-House through the American Friends of International House of Japan, Inc.

Individuals

1. Income Tax

Donations to the I-House are eligible for an income tax deduction. Please choose one of the two methods of “tax credit” or “income deduction” described below. Both a copy of the receipts issued by I-House and a certificate issued by the government are necessary when claiming such a tax deduction at the local tax office.

a. Tax Credit: Deduction from income tax
(Amount of donation – 2,000 yen) x 40% = amount of tax credit
The amount of tax credit is limited to the equivalent of 25% of your income tax.

b. Income Deduction: Deduction from taxable income
Amount of donation – 2,000 yen = amount of deduction from income
The amount of donation is limited to a total of 40% of gross income.

2. Furusato Donation through Minato Ward

If you make a donation to Minato Ward using the Furusato Donation system, your local tax burden will be reduced corresponding to the donation amount. Please specify “International House of Japan” on the application form and make the donation to Minato Ward by the end of December.

Further details

3. Legacy Giving

A legacy gift to I-House is not subject to inheritance or income tax, making it a thoughtful and tax-efficient way to contribute.

We will listen carefully to your wishes and offer heartfelt support to help you shape a bequest that aligns with your wishes and intentions. Please feel free to contact our Legacy Gift Team.

Further details

4. Non-Cash Donations

I-House welcomes a wide range of non-cash donations, such as land, buildings, stocks, and art collections. For larger gifts, we also offer opportunities to co-create projects aligned with your interests. By utilizing I-House’s extensive resources, we can work together to build scalable initiatives with lasting impact.

Normally, when non-cash assets are donated to a corporation, income tax is imposed on the appreciation in value from the time the asset was acquired until the time of the donation (the so-called “deemed capital gains tax”). However, when donating to a public interest incorporated foundation like I-House, a special exemption may apply under Article 40 of the Special Taxation Measures Law. To receive this exemption, donors must file a separate application with the tax office.

5. For U.S. Residents

Your gift to I-House through the American Friends of I-House (AFIHJ) are tax deductible to the extent allowed by law in the U.S. AFIHJ will use your gift in line with its aims to assist I-House. There are several ways to make a donation, such as cash donations, bequests, retirement plan assets, and a gift from the estate.

Further details

Corporations

Donations made by corporations to the I-House are deductible up to the following amounts, in addition to ordinary donations.

Maximum deductible amount of donations = (amount of capital, etc. x 0.375% + amount of income x 6.25%) ÷ 2
*The amount of capital, etc. refers to the total amount of capital and capital reserve.

The maximum deductible amount depends on the amount of capital and income of the corporation. To count your donation as a deduction, please state the amount of your donation on your tax return and submit a statement. A receipt of your donation should be kept on file along with a certificate that the I-House is a public interest incorporated foundation.
Please confirm with the nearest tax office, or a tax accountant.

Please contact us if you kindly consider making a contribution.

International House of Japan
Tel:03-3470-9115 (Mon.-Fri. 9 am – 5 pm)
E-mail: okimochi#ihj.global (please replace # with @)