Tulip Foundation is registered as a public benefit organisation at the Central register of the Ministry of Justice № 20050921005. The Foundation provides donors with a contract for donation that gives right to tax relief and a copy of the Certificate for registration of Tulip Foundation at the Central register of non-profit public benefit organisations. Donations to Tulip Foundation are tax deductible based on the Personal Income Taxation Act /PITA/.
Art. 22, par. 1 by PITA:
„The annual taxable amount based on art. 17 shall be reduced up to 5% with the granted donations during the year when the donations are done in favour of non-profit organizations, registered at the Central register of non-profit public benefit organizations”.
According to PITA the Donors have a right to tax relief with filing annual tax return based on art. 50 by PITA. It shall be attached a document which certifies that the donnee is specified in art. 22, par. 1 by PITA and the donation has been received.
