|
ONLINE VERSION |
|
|
PRINT VERSION |
|
Q & A
 Are the foreign donations for national NGO subject to taxation?For the work of many non-governmental organizations it is very important if the foreign donations are subject to taxation. Especially because of the fact that the foreign donations are the main source of financing for the domestic NGOs. Mr. Slavko Lazovski from the Tax Department of the Ministry of Finance has given the following explanation: “As a rule, each donation is not a subject to taxation, or, at least it should be like that, if by taxation we imply taxation with the value added tax (VAT). This basic rule should be relevant for both the foreign and domestic donations, regardless of the fact if they are directed towards NGO or some other subject (e.g. a citizen).
|  |
|
|
|
|
