Fiscal Mechanisms for Encouraging Philanthropy
Automatically translated summary. The full text is available in Romanian.
This study aims to identify an optimal fiscal mechanism for encouraging philanthropy in the Republic of Moldova. It reviews the economic theories that explain why companies decide to donate, examines the approaches used in several European countries, and concludes with two proposed tax mechanisms for Moldova.
The study begins by presenting the economic theories that explain the driving forces behind a company's decision to make donations. This theoretical part provides the basis for understanding which incentives matter for corporate giving.
It then analyses the mechanisms that several European countries apply to encourage philanthropy, drawing on their experience. On this basis, the study suggests two fiscal mechanisms that could be implemented successfully in Moldova.
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