The credit can be claimed. But it is nonrefundable, so it gets carried over to 2025 and (if still available) future years. With the flat income tax rate of 2.5%, you need to make sure there is enough taxable income to justify the amount donated.
The credit can be claimed. But it is nonrefundable, so it gets carried over to 2025 and (if still available) future years. With the flat income tax rate of 2.5%, you need to make sure there is enough taxable income to justify the amount donated.
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