Slovenia will expand tax breaks to encourage virus-related financial donations under legislation approved by parliament Tuesday.
The legislation also waives taxes on the import and supply of protective and medical equipment that is provided free of charge to those who need it.
The measure now goes to the president to be signed.
- Slovenian companies will be able to reduce their tax base by donations made from March 13 to Slovenia or other European Union member countries for the purpose of helping mitigate the effects of the Covid-19 epidemic.
- The new rule will augment existing rules that allow companies to claim a reduction of up to 0.5% of taxable income in connection with charitable giving.
- The supply of protective and medical equipment will be free of import duties between Jan. 31 and July 31, and free from value-added tax between March 13 and July 31—provided the equipment is supplied to a public body or charitable organization and is intended to be given free of charge to those affected by the virus or to health care providers.