Donations for Ukrainian refugees are deductible for tax purposes

The integral sum of costs related to donations for ensuring temporary placement services and for managing the flow of refugees incurred by the public authorities, public institutions and noncommercial organizations are deductible for tax purposes, IPN reports, quoting the State Tax Service.  

It is permitted to deduce the valued added tax on purchases used to make donations and provide free supplies for temporary placement and for managing the flow of refugees, except for those specified in Article 103 of the Tax Code.

The humanitarian donations made in support of the people of Ukraine into bank accounts opened by the Ministry of Finance for the purpose are also deductible for tax purposes.

For further information, one can call the State Tax Service’s Call Center on l 0 8000 1525 (toll-free).

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