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Can the non-profitable organizations be exempted from taxation according to the Law of personal income tax?
A restrictive tax policy towards NGOsWhich kind of non-profitable organizations’ income is subject to taxation – is a frequently asked question by the non-governmental organizations, which are driven by their efforts to realize sustainability of their activities and relative financial independence. We have asked Dushanka Ilieva, manager of Taxes and Tax Policy Sector in the Ministry of Finance to explain it to us:
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