DONATIONS
Bank transfer
KBC Bank Bulgaria EAD
Beneficiary: Star of Hope Foundation
Payment details: Donation
Bank accounts (IBAN) in your preferred currency:
BG18 RZBB 9155 1060 2400 12 – BGN
BG51 RZBB 9155 1160 2400 16 – USD
BG98 RZBB 9155 1560 2400 10 – GBP
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For your information
Tax reliefs for natural persons
According to the provisions of the Law on Personal Income Taxes, Art. 22, Para. 1, the sum of the annual tax bases under Art. 17 is reduced by donations made during the year in the amount of up to 5 percent, when the donation is for the benefit of non-profit legal entities registered with the Central Register of non-profit legal entities for the implementation of public service activities.
Tax reliefs for legal entities
According to the Law on Corporate Income Taxation , Art. 31, Para. 1, Item 14, accounting expenses for donations are recognized for tax purposes in a total amount of up to 10 percent of the positive accounting financial result (accounting profit), when the expenses for donations are made for the benefit of non-profit legal entities registered with the Central Register of non-profit legal entities for public benefit activity.