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The taxation of charitable assistance was settled in Ukraine | News Flash

24 Nov 2016

 

 The taxation of charitable assistance was settled in Ukraine | News Flash

During the meeting with representatives of the Ukrainian Council of Churches and Religious Organizations, the president signed the Law “On Amendments to the Tax Code of Ukraine concerning the clarification of certain provisions of the taxation of non-profit organizations.”

This law allows the use of the income of non-profit religious organizations not only to finance the costs of their content and activities determined by their constituent documents, but also for the non-profit (charitable) activities provided by the law for religious organizations, including humanitarian aid, charity activities in charity.

According to the document the financing of these costs is not considered the distribution of revenues (profits) or portions thereof among the founders (participants), the members of an organization of workers (except their remuneration, accrual single social contribution), members of management bodies and other related entities.

 

If you have any question, please, feel free to contact us. We will be pleased to help you!

 

Contact:

Nataliya Tadeyeva

Managing director, Accace Ukraine

Nataliya.Tadeyeva@accace.com

+380 445693310


Read more about Ukraine:
  • The “anti-raider” law came into force in Ukraine
  • The position of the Supreme Court of Ukraine on the employment contract termination by the parties agreement

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About Accace

Originally established in Central and Eastern Europe in 2006, Accace ranks among the leading outsourcing and consultancy providers in the region. Engaging over 600 experts, we have vast experience with handling small to large scale, multi-country outsourcing projects and providing a comprehensive range of our services to over 2,000 customers.

About Accace Circle

Accace operates internationally as Accace Circle, a co-created business community of like-minded BPO providers and advisors who deliver outstanding services with elevated customer experience. Covering almost 40 jurisdictions with over 2,000 professionals, we support more than 10,000 customers, mostly mid-size and international Fortune 500 companies from various sectors, and process at least 170,000 pay slips globally.

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