Czech Republic: Legislation extending tax deductibility of donations to Ukraine passes Senate
Deductibility of donations increased to 30% of value and extended until 2026
Legislation that would extend the tax deductibility of donations to Ukraine passed the Senate and is now heading for the president's signature.
Under the legislation, individuals and corporations would be able to deduct 30% (up from 15%) of the value of donations for tax periods 2024, 2025, and 2026 (and corporations also for the tax period ending February 28, 2027).
Read a January 2025 report prepared by the KPMG member firm in the Czech Republic