“5x1000” refers to the percentage of the “IRPEF” tax that can be awarded to no profit organizations and to other socially beneficial initiatives. IRPEF (Imposta sul Reddito delle Persone Fisiche) is the name given by the Italian Treasury to its nationwide income tax.
It is worth emphasizing that “5x1000” does NOT refer to a further tax; it is simply a percentage calculated on the amount of income tax that an individual owes the State. If no recipient for this percentage is indicated on the appropriate form, it goes to the State together with the rest of the tax.
By choosing to include our Fiscal Code 12555100150 in the appropriate section of your tax return form, you can support us as we strive to reach the objectives outlined in our charter. This support would come at no further cost to you, but it could make the difference in the life of one of the children that we aim to help.