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♪ Friedman ♪ ♪ Shareholder doctrine is dead ♪

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Example 1:

  • You donate annually € 100,-
  • Your tax rate is 51.75%
  • You will receive €51.75 back
  • Your donation of € 100 cost you net only € 48.25

Example 2:

  • You want net € 100,- a year donating
  • To achieve this, donate € 207.17 per year
  • You will receive €107,17 € 207.17)
  • Eventually your donation will still cost you net € 100,-
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Single Donation







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Multiple Donation