Wednesday, December 10, 2008

Boat donation

Donations are giving something genuinely to other parties in order to ease the burden / suffering of people who receive. Contribution made must be based on sincere feelings, without expecting rewards, both immediate rewards from those who receive, or indirect remuneration from other parties (third). The expected reward from this third party can from the Government of tax incentives, or it could be from God the Almighty, in the form of abundant grace.

Terms of help and boat donation we encounter a lot of the Income Tax in the literature. Yes, the help and donate a boat are closely related to income tax because of the help and donations is one type of income which of course is part of a set of Income Tax. In the context of the giver, aid and donations will determine the amount of income tax for the help and contribution is the cost incurred. Costs or burdens are also an integral part of income tax because the tax is usually levied on net income is income after deducting the costs.
Thus, we can see the help and donations from two perspectives. First, assistance and contributions be seen from the receiver. The main issue in this perspective is whether the help and donations are tax object or not. Second, assistance and contributions be seen from the poster contributions. The point of our attention on this perspective is whether such assistance or donations can be deducted or not from the gross income.

can be concluded that in general aid donations are not tax on the condition that the object no business relationships, employment, ownership and control between the parties giving and donations given. In other words is that if any of meeka no such relationships were then grants or donations are pure grants or donate ship that are not a tax object to the recipient.

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