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๐Ÿ‡ต๐Ÿ‡ฑ Poland /Economy & Trade

Charitable Donations: Companies Can Also Deduct Bottle Deposits on Donated Drinks

From Rzeczpospolita · () Polish

Translated from Polish and summarized by DistantNews. Read the original for the full story.

At a glance

News Official statement Approved/passed
  • A company donating drinks to charitable causes may deduct the associated bottle deposits from its taxable income.
  • The interpretation came from Polandโ€™s National Revenue Information director in response to a trading companyโ€™s inquiry.
  • The company sells industrial and food products in shops and online and regularly donates its goods to charity campaigns.

Companies that donate drinks to charitable causes may also deduct the bottle deposits from their taxable income, according to an interpretation by the director of Polandโ€™s National Revenue Information.

The interpretation followed an inquiry from a trading company that sells industrial and food products through ordinary shops and online. The company supports various charitable campaigns and usually contributes goods to them.

The ruling confirms that the value of a donation can include the deposit paid for the bottles. That amount can then be included in the deduction from income, reducing the companyโ€™s tax burden.

About this summary

Originally published by Rzeczpospolita in Polish. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.