21. 6. 2023
DONATIONS MADE – A DEDUCTIBLE ITEM FROM THE INCOME TAX BASE FO
The taxpayer may reduce the tax base by the value of gratuitous supplies if their value exceeds 2% of the tax base or amounts to at least CZK 1,000 for the tax period. A maximum of 15% of the tax base can be deducted. For the tax period 2021-2023, the limit is increased to 30% of the tax base.
In addition to cash, gifts in kind or immovable property, as well as services rendered, are also considered to be gratuitous transactions. Any gratuitous supply that is not in the nature of a monetary amount must be valued.
The donation must be made to science and education, research and development, culture, education, the police, fire protection, the promotion and protection of young people, the protection of animals and their health, social, health and environmental purposes, humanitarian, charitable, religious purposes for registered churches and religious societies, physical education and sports, and to political parties, political movements, European political parties or European political foundations for their activities.
Gratuitous benefits include blood donations (one donation is valued at CZK 3 000), organ donations from a living donor (CZK 20 000) and haematopoietic cell donations (one donation is valued at CZK 20 000).
A certificate or contract must exist for the gratuitous benefit provided and these documents are subsequently attached to the tax return. If the gratuitous supply is provided by spouses from the community of property, the deduction may be claimed by one or both of them on a pro rata basis.