On 15 January 2013 we received the good news from the tax administration of Basel-Stadt (our canton of domicile) that “the association meets the requirements for tax exemption. The tax exemption is recognised for both cantonal taxes and direct federal tax.” Meanwhile, the other cantons (except BL) have also recognised the tax exemption and included the Global Peace Initiative Switzerland* in their list of donations.
The Basel tax administration wrote: “Donations to the association of a minimum of CHF 100 per year are deductible from direct taxes. The deductibility is limited to 20% of the taxable income reduced by the expenses or to 20% of the taxable net profit. For more information on this topic, see the ZEWO publication: “Save taxes with donations“.