As this is an Mdeon approved conference with an amount exceeding €125, we are obliged to provide you with a fiscal certificate otherwise known as the ‘Fiche fiscal 281.50’.
The amount on this certificate refers to the costs covered by Lilly for your participation to this conference (meals, accommodation, etc.)
It is important to note only 2,48% of this amount is subject to taxation.
Example:
If the total amount on the fiscal certificate equals €500, only 2,48% of this amount is subject to taxation. The taxable basis in this case is €12,40.
If we assume in this case a participant has an average tax percentage of 40%, then the amount of taxes paid is €12,40 x 40% = €4,96.
In this example, the actual amount paid in taxes will result in €4,96.
