Poroshenko signed amendments to the law exempting charitable activity of religious organizations from taxes

President Petro Poroshenko signed amendments to the Tax code of Ukraine regarding the tax exemption for non-profit (charitable) activities, including humanitarian aid, charity, philanthropy, charity, etc., which is religious organizations.

As reported by the governmental press service, the solemn signing took place during joint with Prime Minister Volodymyr Groisman the President’s meetings with representatives of the Ukrainian Council of churches and religious organizations.

Poroshenko thanked the Church leaders for their prayers and actions aimed at the unification of the Ukrainian people. «The Bible says that a house that is split from within, not stand. And your words and actions that allow the congregation to keep the unity of Ukraine in these difficult times, is very valuable,» he said.

Poroshenko also stressed the importance of creating a Single local Ukrainian Orthodox Church. «And as a believer and as a citizen I pray and dream about the unity of our Church,» he said.

Groisman noted that the dialogue between religious associations and the authorities will strengthen the spiritual basis of the state and to promote reforms in the country.

In turn, the heads of churches and religious organizations noted that doing everything possible to support Ukraine and pray for the unity of the Ukrainian people to effectively counter internal and external threats. «The main thing is to preserve Ukraine as an independent state. In unity is our strength» — said the head of the Ukrainian Orthodox Church of Kyiv Patriarchate Filaret.

Recall that the law on amendments to the Tax code was adopted by the Verkhovna Rada on 6 October. According to the document, incomes of non-profit religious organizations can be used not only for the financing of maintenance costs and activities established by their constituent documents, but also for the implementation of the non-profit (charitable) activities, under the law for religious organizations, including humanitarian assistance, charitable activities, charity.

The financing of these expenses is not considered a distribution of the received incomes (profit) or parts of them among the founders (participants), members of such an organization, employees (except for their remuneration, accrual of the single social contribution), members of management bodies and other related entities.

Poroshenko signed amendments to the law exempting charitable activity of religious organizations from taxes 18.11.2016

Ноябрь 18th, 2016 by
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