Charity is one of the most popular activities among wealthy people. Everyone seeks to help at least something to the best of their ability, disadvantaged people. Donations sometimes form a rather round amount. That's just how to arrange such financial investments for the tax, far from all the organizers of charity marathons know.
You will need
executed papers on the fact of donation
Instruction manual
1
Since donations, as a rule, are expressed in monetary terms, then for the state they are equal to the income received by a certain fund. So, the amount received is subject to taxation. The receipt of a donation is related to the receipt of income by an individual. So, it is taxed at a rate of 13% in the form of personal income tax. Donations that fall under Article 217 of the Tax Code are not subject to this tax. Only tax deductions apply to them.
2
The main thing when receiving a donation is to correctly draw up documents, otherwise then problems will not be avoided. There are no situations when someone brought, and someone received a monetary reward. In this case, the organization can easily be accused of fraud. Therefore, the appropriate paper must be issued correctly. When filling out settlement and payment documents and reflecting transactions in accounting, it is necessary to indicate the word "donation" next to the amount received from patrons. Information about the donor must be either in the receipt of the order, or in the act of acceptance and transfer.
3
For some types of donations, certain tax deductions are expected. They should be provided on the basis of a written application at the time when he submits a declaration to the tax authority at the end of his reporting period. In order to obtain permission for deductions, the following documents must also be added to the application: payment documents confirming expenses and income for charity, a donation agreement.
