Dear GROW|FOR|IT members and donors.

Thanks to your contributions, your memberships, and to SKAT’s handling of our application, we have achieved the approval according to the Danish Tax Assessment Act § 8A.

§8A is the clause in the act that grants tax reduction for donations to organisations and associations that work for the common good. This means that now substantial donations towards balancing of CO2 emission can be deducted from income just like donations to other charitable associations. The above applies to Danish taxpayers only; other national exemptions may apply in other countries.

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