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Non-profit
allowances
AZERBAIJAN
In no form are allowances and concessions for non-profit activities relevant
in the book sector. If you perform any work on the basis of a grant you
may enjoy the benefits determined by the law on Grant.
Law extracts in English
GEORGIA
There is no form of non-profit allowance.
HUNGARY
Non-profit entities: foundations, associations, non-profit companies,
etc. are free to do business to a certain extent and pay reduced or in
some cases no tax. Some of these are quite insignificant in the book market..
Law extracts in English
Law extracts in Hungarian
LITHUANIA
Non-profit organisations are subject to payment of taxes as described
above. Corporate income (profit) tax is also imposed on the income from
commercial-economic activity of non-profit organisations. Their taxable
profit shall be computed as the difference between the income from paid
measures and their performance costs. The tax rate is 5%.
Law
extracts in English
MOLDOVA
Certain foundations (for example, the Soros foundation), international
programmes (for example, UNDP) and other entities (provided by the legislation
in force) are exempted from VAT on such imported goods and services as:
publications and textbooks intended as donations to libraries, schools,
universities, etc.
Law extracts in English
POLAND
Laws allow for doing business in non-profit structures but no significant
fiscal incentives exist. Law extracts in English
Law extracts in English
SLOVAKIA
In 1997 the Act on Non-investment Funds was passed creating a legal setting
for the establishment of subsidy funds in the sphere of culture as well.
However, there are no provisions in this Act to motivate the establishment
of such funds. In consequence foundations are more common.
Law extracts in English
SLOVENIA
Legislation on various non-profit formations (associations, institutes,
foundations) pays little attention to their business activities.
Law extracts in English
UKRAINE
Non-profit entities are charitable foundations or associations. Charitable
financial operations aimed at supporting publishing businesses are regarded
as engaged in not-for-profit activities. Funds, tangible and intangible
assets donated free of charge in the form of irrevocable financial aid
or voluntary contributions from non-profit entities are not regarded as
income and are exempt from taxes.
Law extracts in English
YUGOSLAVIA
There are no special allowances for non-profit editions. However, if the
publisher is a non-profit organisation in Serbia it is exempted from tax
on profit under several conditions which refer to the amount of profit
gained and purpose it is to be spent on.
Law extracts in English
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