The Verkhovna Rada of Ukraine adopted the Law “On amendments to the Tax Code of Ukraine re taxation of charitable assistance”

Information Department of the Verkhovna Rada of Ukraine Secretariat
02 September 2014, 17:20

The legislative act exempts charitable assistance, provided in the course of the anti-terrorist operation and after its completion – by 31 December of the year following the year of the end of the anti-terrorist operation, from taxation by amending the Tax Code of Ukraine.  

The law grants income tax benefits to economic entities that provide charitable assistance to participants of the anti-terrorist operation, and specifying the order of providing and imposing taxes on charitable assistance by the volunteers.     

The bill was registered under No.4455а.