Natural persons can bear in mind that UNICEF is on the list of entities pursuant to Article 22 (1) (1), letter "о" of the Natural Persons’ Income Tax Act, donations to whom are deducted from the tax base of the person to the amount of 5 %. It has to be taken into account that pursuant to Article 22 (2) of the Natural Persons’ Income Tax Act the total amount of the tax break for donations cannot exceed 65 % of the amount of annual tax bases. When the donation is in kind, its value is the purchasing price entered in the purchasing document of the subject of donation by the donator if the object was purchased up to three months before the date of donation. In all other cases the amount of the donation is the market price as of the date of delivery of the subject of donation. The date of donation shall be the date of acquisition of the donation by the beneficiary. Article 23 of the Natural Persons’ Income Tax Act sets out the procedure for tax breaks for donations including those in favour of UNICEF. Tax breaks are used by submitting an annual tax return pursuant to Article 50 of the Natural Persons’ Income Tax Act with copies of supporting documents proving that the beneficiary is on the list as per article 22 (1) of the Natural Persons’ Income Tax Act and that the subject of donation was received - for tax break for donation. We will happily provide you with all the support, ideas, materials and information you need to succeed. Contact us on email@example.com if you need our assistance.