Many gifts to OIST qualify for tax benefits in Japan. As a Specified Public Interest Promotion Corporation, OIST is eligible to receive tax-deductible donations under Japanese law.
After your gift is received, we'll provide the documents you'll need to claim any applicable tax deductions when filing your tax return:
Receipt
Specified Public Interest Promotion Corporation Certificate (copy)
Please keep these documents, as they will be needed when filing your tax return to claim any applicable tax deductions.
National Income Tax
The formula below shows the amount of your donation that can be deducted from the national income tax:
Donation amount during the fiscal year – (minus) 2,000 yen = Amount to be deducted from taxable income (up to 40% of your total income of that fiscal year)
Prefectural Income Tax (Resident Tax)
If you live in Okinawa, a certain amount of your donation to OIST can be deducted from your prefectural income tax. Please see details here: 寄附金税額控除制度
Municipal Income Tax (Resident Tax)
Please check with your municipality to see if your donation to OIST is tax deductible.
Inheritance Tax
If you donate a portion or the entirety of the properties acquired through inheritance within the inheritance tax filing period, inheritance tax will not be imposed on the donated property. For details, please contact a tax office.
Tax Benefits for U.S. Taxpayers
Individuals who are subject to U.S. taxation may make tax-deductible contributions in support of OIST to the OIST Foundation, a registered 501(c)(3) nonprofit organization based in New York, USA. Go to OIST Foundation.
