The Cabinet of Ministers exempts the charitable purchase of drones and their components from tax

The Cabinet of Ministers exempts the charitable purchase of drones and their components from tax

Furthermore, tax benefits have been extended to UAV repair and maintenance

The Cabinet of Ministers exempts the charitable purchase of drones and their components from tax

The government has added UAVs (drones) and their components to the list of goods for which the amount of charitable aid for purchase or provision is not included in the taxable income of individual income taxpayers. 

The relevant amendments to the Cabinet of Ministers Resolution No. 112 from February 2016 were made by Resolution No. 550 from June 2, and published on the government's website. 

Among the components for UAVs are: communication equipment, digital cameras, parachutes, engines, batteries, and accumulators. 

In addition, tax benefits have been extended to UAV repair and maintenance. 

Background. As reported, Finance Minister Serhiy Marchenko, following a discussion about taxing volunteers that escalated last week, called this step one of the possible actions from the Cabinet and also announced the appointment of an authorised representative by the government, who would ensure both constant communication and the resolution of problematic issues that constantly arise in the volunteer environment.

This project uses cookies from Mind to deliver its services and to analyze traffic.Learn moreOK, Got it