The Draft law on Amendments to the Tax Code of Ukraine regarding certain issues of charity support taxation No. 4455 dated August 11, 2014 was adopted as a whole and on September 9, 2014 it was submitted for signature of the Ukrainian President.
Thus according to the document total monthly (annual) taxable income of a tax payer shall not include charity support amounts in favor of:
- combatants – military men (reservists, persons subject to military service) and members of the Armed Forces of Ukraine, the National Guard of Ukraine, the Security Service of Ukraine, the Foreign Intelligence Service of Ukraine, the State Border Guard Service of Ukraine, junior enlisted and command staff, military men, employees of the Ministry of Internal Affairs of Ukraine, the Administration of State Guard of Ukraine, the State Service of Special Communication and Information Protection of Ukraine, other military institutions developed according to the Ukrainian Law and which protect (protected) independence, sovereignty and territorial integrity of Ukraine and directly participate (participated) in the “anti-terrorist operation”, its facilitation, being presented directly in the regions of “anti-terrorist operation”, employees of enterprises, institutions, organizations which are engaged and directly participate (were engaged and participated) in the “anti-terrorist operation” in the region of its implementation in accordance with the statutory procedure, and in favor of family members of such combatants who were wounded, bruised, or suffered other harm to health, died, or those who are regarded as missing persons in accordance with the statutory procedure during participation in the “anti-terrorist operation”, took part in its facilitation, those who died as a result of wounds, bruise or injury during participation in the “anti-terrorist operation”, took part in its facilitation - for purchase or in the form of special personal protective equipment (helmets, body armors, produced according to the military standards), technical surveillance facilities, medicines, personal hygiene products, food products, clothing items or other goods from the list defined by the Cabinet of Ministers of Ukraine and for payment (compensation) of cost of medicines, donor components, medical devices, technical and other rehabilitation means, paid treatment services, provision of medical devices, technical and other rehabilitation means, medical rehabilitation services, health resort treatment.
- participants of mass actions of civilian rebellion in Ukraine, who were wounded, bruised or suffered other harm to health during participation in these actions from November 21, 2013 till February 28, 2014 and on May 2, 2014 in Odessa or in favor of family members of such combatants who were wounded, bruised, or suffered other harm to health, died, or those who are regarded as missing persons in accordance with the statutory procedure;
- individuals who live (live) on the territory of regions where the “anti-terrorist operation” is implemented (was implemented) or those who were forced to leave their home due to implementation of the “anti-terrorist operation” in such regions; individuals who lived on the territory of the Autonomous Republic of Crimea and those who were forced to leave their home due to temporary occupation of the Ukrainian territory (the corresponding procedure of such participants definition will be established by the Cabinet of Ministers of Ukraine), - for payment (compensation) of cost of medicines, donor components, medical devices, technical and other rehabilitation means, paid treatment services, provision of medical devices, technical and other rehabilitation means, medical rehabilitation services, health resort treatment.
The taxable income shall not include charity support in the amount which during the fiscal (tax) year in common does not exceed one thousand amounts of minimum salary established by the law as of January 1 of the fiscal (tax) year – for recovery of lost property and other needs according to the list which will be defined by the Cabinet of Ministers of Ukraine.
