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.
Contact:
Nataliya Tadeyeva
Managing director, Accace Ukraine