Spectator on facebook

Spectator on facebook

FOCUS SHORT

Interest in tax assignment rises

THE NUMBER of organisations that qualify to receive 2 percent assigned from income taxes has grown. All taxpayers in Slovakia – individuals as well as corporations – can assign 2 percent of their income tax to a good cause of their choice. 10,962 civic organisations, NGOs, non-investment funds, foundations and other organisations can receive tax assignments for 2011. Compared with the previous year this is an increase of almost 14 percent, the TASR newswire wrote, citing data from the Chamber of Notaries.

THE NUMBER of organisations that qualify to receive 2 percent assigned from income taxes has grown. All taxpayers in Slovakia – individuals as well as corporations – can assign 2 percent of their income tax to a good cause of their choice. 10,962 civic organisations, NGOs, non-investment funds, foundations and other organisations can receive tax assignments for 2011. Compared with the previous year this is an increase of almost 14 percent, the TASR newswire wrote, citing data from the Chamber of Notaries.

Private individuals and corporations assigned almost €42 million from their 2010 tax returns to non-profit groups.

Topic: Finances and Advisory


Top stories

What does a big fat Slovak wedding look like?

Eating cock meat or noodles with human milk used to be a part of a Slovak wedding, but to most couples today, having a candy bar or professional photographer is more important than observing traditions.

Illustrative stock photo

Spectacular Slovakia: Anti-Ottoman Bastion on film Video

Štiavnické Bane was the centre of the technical, cultural and religious education of the Austria-Hungary monarchy beginning in the 15th century.

The first Slovak satellite goes into orbit

After five years of construction, SkCUBE is ready to fly

Another salary negotiation at Volkswagen fails Photo

The strike continues, the representatives of the trade unions say it would be a mistake to give up.