The Czech Government approved the proposal of the Ministry of Finance to extend the effectiveness of the Act from 2022, which sets tax reliefs for charitable activities in connection with the support of Ukraine and its people during the war conflict.
It should still be possible to deduct from the tax base a donation provided directly to the State of Ukraine or its territorial units and to individuals or corporations domiciled in Ukraine.
Moreover, the increased limit for deduction of donations from the tax base at 30% should remain for the year 2023, both for individuals and corporations.
For more details, please see our Newsletter from June 2022.
