General Financial Directorate prepares information tax base for donating goods to food banks

It is likely that the GFD will allow the taxable amount of such donations to be set at the minimum taxable amount. If the donated goods do not meet the condition of being effectively unsellable, then the tax base should be their market price. The views of the GFD are at odds with how the European VAT rules view goods handed out for free.

Source: dreport.cz

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