Tax authorities explain how to deduct donations made in connection with COVID-19
29 July 2020
The tax authorities have explained how to apply COVID-19 regulations. Tax explanations issued on 21 July pertain to all tax preferences arising out of the regulations on counteracting the negative economic effects of the coronavirus epidemic, including the new types of donations that may be deducted at even 200% of value. More details available in our Tax Alert. If you have any questions don't hesitate to contact us.