News 2 - The Committee on Culture and Spirituality upholds the Bill on Amendments to several Laws of Ukraine (re Alleviation of the Tax Load on the Acquirers of Philanthropic Aid) - Verkhovna Rada of Ukraine

The Committee on Culture and Spirituality upholds the Bill on Amendments to several Laws of Ukraine (re Alleviation of the Tax Load on the Acquirers of Philanthropic Aid)

Published on 16 June 2010, at 17:36

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Pursuant to the bill (Reg. No.6344), the taxable income shall not include the sum of no-purpose philanthropic assistance, including material assistance, granted by the residents - legal entities and individuals for the benefit of a taxpayer during the fiscal period in the amount not exceeding the rate of 140% minimum level subsidence for the able-bodied individuals.

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