Individuals or estates of deceased persons may deduct a cash donation they make to a university or other institution of higher education. The deduction applies to earned income. To be deductible, the minimum donation is €850 and maximum €500,000. Åbo Akademi University discloses information on donations received to the tax authorities at the end of each tax year.
For more information, visit Finnish Tax Administration (in Swedish or Finnish).
Communities and organisations are eligible for tax deductions on cash donations of €850–250,000 made to a publicly funded university or institution of higher education. Eligible organisations include listed companies, associations and foundations. Communities should report their deductible donations to the tax authorities.
For more information, read the Income Tax Act (in Swedish or Finnish).