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Almost 8,000 organisations apply for 2% income tax

This year, about eight thousand non-governmental organisations applied for the two percent assigned income tax, as the lawyer and author of the legislation amendment of the assigned tax, Peter Handiak, informed the SITA newswire. The official number of registered NGOs as well as their list was published by the Notaries' Chamber on its website www.notar.sk. The list of all organisations, which may be eligible for two percent of income tax can be also found on the website www.rozhodni.sk.

This year, about eight thousand non-governmental organisations applied for the two percent assigned income tax, as the lawyer and author of the legislation amendment of the assigned tax, Peter Handiak, informed the SITA newswire. The official number of registered NGOs as well as their list was published by the Notaries' Chamber on its website www.notar.sk. The list of all organisations, which may be eligible for two percent of income tax can be also found on the website www.rozhodni.sk.

The minimum contribution of private individuals has increased from the original twenty crowns to a hundred, and to two hundred-and-fifty with legal and corporate entities. Handiak thinks that in this way, NGOs will lose tens of millions of crowns.

Beneficiaries of two percent of assigned income tax had received Sk1.188 billion as of August 31. This sum is not final regarding permitted postponed tax return submissions, and thus moving the deadline for declaration of assignment of two percent of income tax to eligible NGOs. Assignment of two percent of income tax is carried out over the entire calendar year, as some tax subjects base their tax period on the economic year, and not the calendar year, said the head of the PR Department of the Slovak Tax Office Beata Uhrínová.

Eight months into 2007, beneficiaries of two percent of income tax for special purposes received Sk63 million more than in 2006. Last year, the total sum reached Sk1.125 billion, of which private individuals contributed Sk352.9 million and corporate entities Sk772.1 million. Non-governmental organisations, of which two percent of income tax for special purposes can be assigned in 2008, could register from September 3 to December 15 of 2007 at a notary's office to the central register of beneficiaries.

Private individuals and corporate entities were given the possibility to assign two percent of their income tax to NGOs as of January 1, 2004. According to the latest amendment to the related law, activities of these NGOs must be aimed at protection and support of health, sports activities for children, youth and physically challenged people, provision of social aid, preservation of cultural values and education support. The total assigned sums have been rising since 2004, when it was Sk845.2 million, to Sk930.8 million in 2005, and to over Sk1 billion in 2006, news wire SITA wrote.

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