Filter by Category




I was curious to see if donations to Hong Kong Fire & Marine Insurance were deductible.

0
(0)

Donating overseas is not eligible for deduction.

In order to receive a deduction, it must be a legally designated donation, but for overseas organizations, it is a non-designated donation, so it is not recognized as “the entire amount is not included as a deductible.” International organizations such as UNICEF must also donate to domestic UNICEF to be eligible for the deduction.

However, Hive appears to be eligible for deduction by donating in connection with a designated domestic donation organization.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

Leave a Comment