Post by account_disabled on Mar 14, 2024 9:31:34 GMT
The from which the portion will be calculated the income and gain from which previous years losses and participation gains are deducted while other exemptions and discounts are not applied are taken into account. The Financial Administration is of the opinion that Expenses Not Allowed by Law should not be added to the tax base when calculating the amount. We consider this view to be debatable.
Regardless of the purpose and manner in which the donation or aid is made in order to be subject to deduction in determining the income or corporate gain there must be income or corporate gain subject to declaration in the relevant period and it is not accepted in tax practice if the donation increases the loss or reduces the loss to the relevant taxpayer. . OTHER DONATIONS In order to support B TO B Database individuals in need who are suffering due to the coronavirus Covid epidemic The cost of food cleaning clothing and fuel donated to associations and foundations that engage in food banking activities to help the poor can be taken into account as an expense in determining commercial or corporate income.
It is also possible to deduct these donations from the income declared on the income tax return. All cash or inkind donations and aid to be made to the Social Assistance and Solidarity Promotion in determining the income tax or corporate tax base. Up to of the declared income or corporate earnings for that year of inkind or cash donations made to public benefit associations and taxexempt foundations can be deducted in determining the income tax or corporate tax base. Our explanations regarding the calculation of the upper limit and the occurrence of declarable income or corporate income in the period of donation are also valid here. . STATUS As stated above the aid campaign is currently ongoing.
Regardless of the purpose and manner in which the donation or aid is made in order to be subject to deduction in determining the income or corporate gain there must be income or corporate gain subject to declaration in the relevant period and it is not accepted in tax practice if the donation increases the loss or reduces the loss to the relevant taxpayer. . OTHER DONATIONS In order to support B TO B Database individuals in need who are suffering due to the coronavirus Covid epidemic The cost of food cleaning clothing and fuel donated to associations and foundations that engage in food banking activities to help the poor can be taken into account as an expense in determining commercial or corporate income.
It is also possible to deduct these donations from the income declared on the income tax return. All cash or inkind donations and aid to be made to the Social Assistance and Solidarity Promotion in determining the income tax or corporate tax base. Up to of the declared income or corporate earnings for that year of inkind or cash donations made to public benefit associations and taxexempt foundations can be deducted in determining the income tax or corporate tax base. Our explanations regarding the calculation of the upper limit and the occurrence of declarable income or corporate income in the period of donation are also valid here. . STATUS As stated above the aid campaign is currently ongoing.