Making a donation to a recognised charitable foundation, such as the Fondation Audencia, which is sheltered by the Fondation de France, is still the only way to obtain an IFI reduction. The IFI donation allows you to reduce your Impôt sur la Fortune Immobilière by 75% of the amount of your donation (up to a maximum deduction of €50,000, i.e. a donation of €66,667), or even to reduce it to zero.
To reduce your IFI to €0, simply divide the amount of your IFI by 0.75. The result is the amount of the donation you need to make to cancel out your Impôt sur la fortune immobilière.
2024 DEADLINE FOR YOUR IFI DECLARATION
To make your donation, you have until the deadline for filing your 2024 IFI return (which is combined with your income tax return). The deadline for filing your return online depends on your département of residence:
