FOCUS SHORT

NGOs receive over €52 million

CORPORATE entities and private individuals assigned over €52 million to civil associations, non-profit organisations, foundations and others from income and corporate taxes they paid for 2013. This sum already includes assignations from tax returns postponed to September, Patrícia Macíková, the spokesperson of the Financial Administration told the SITA newswire.

CORPORATE entities and private individuals assigned over €52 million to civil associations, non-profit organisations, foundations and others from income and corporate taxes they paid for 2013. This sum already includes assignations from tax returns postponed to September, Patrícia Macíková, the spokesperson of the Financial Administration told the SITA newswire.

Companies were able to assign 1.5 percent of paid taxes. If they allocated a sum equalling 0.5 percent of the paid taxes from their own profits, they could assign 2 percent of paid taxes, i.e. the recipients received a total of 2.5 percent. Private individuals, either employees or the self-employed, were able to assign 2 percent. In the case they volunteered at least 40 hours in 2013, they were able to assign 3 percent.

The number of recipients of the assigned income taxes has been increasing. While in 2002 there were about 4,000 applicants, now taxpayers could select from 11,120 recipients.

The amount of taxes assigned has been increasing, too. It climbed from over €3 million to over €55 million in 2009, when it achieved the highest amount so far. Last year taxpayers allocated almost €47 million.

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