Donations (Creativity Trust) Rules – Legal Notice 23 of 2013
Individuals and Companies
Donations (in monetary amount, in any other asset or in kind) made by an individual or a
company to the Creativity Trust established by the Creativity Trust order will be an allowable
as a deduction against that person's chargeable income (in the year it was made) as long as the
donation is not less than Euro 150 and not greater than Euro 100,000.
Certain conditions must be adhered to:
(a) A relevant signed certificate in respect of such a donation is issued to the donor by the
trustees of the Creativity Trust. The certificate should include the date of donation,
name, identity card number/ company registration number, address/registered address
of the donor, value of the donation and the purpose for which the donation is being
(b) The donation is made for the purpose of advancement of culture, arts, national heritage
and the creative industries, or of education therein, or of persons practitioners in such
(c) The trustees of the Creativity Trust have submitted (to the Commissioner) a statement
including the details of the donor and donation listed in the certificate provided by the
Creativity Trust to the donor.
When an asset is being donated, the written down value of the asset (cost less capital
allowances as at date of donation) will be considered to be the value of the donation.
When an asset is purchased by the donor to forward to the donee or is issued out of the donor's
own stock, the value of the donation will be the equivalent to its cost to the donor.