The Bill (Reg. No.1293) amends the Laws "On Charitable Activity and Charity Organizations", "On Taxation of Profit of Enterprises" and "On Individual Income Tax" in order to specify the taxation of charitable activity.
However, the Committee members stated that introduction of said amendments can result in ambiguous interpretation of the concept of charitable activity, and, as a result, can create legal collisions in application of regulations of tax legislation.
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