10. August 2005 at 10:24

Non-profit organizations receive Sk878 million from taxes

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SLOVAK non-profit organizations received Sk878.4 million (€22.54 million) from the two-percent tax that individuals and companies could allocate from their taxes until the end of July, news wire SITA wrote.

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Robert Merva, spokesman for the Slovak Tax Directorate, further announced that corporate entities allocated Sk579.4 million (€14.87 million); the rest came from personal income taxes.

Up to July 31, the Tax Directorate registered approximately 430,000 allocation announcements from taxpayers instructing transfers of two percent of their paid income tax; 13,700 came from corporate entities; 416,600 from private individuals.

Tax offices transferred the total amount to the accounts of 5,746 non-profit organizations registered on the list of eligible beneficiaries.

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Compiled by Beata Balogová from press reports
TheSlovak Spectator cannot vouch for the accuracy of the informationpresented in its Flash News postings.

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