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Expanded Genuine Tax Exemption for Food Donations and Non-Alcoholic Beverages to Charitable Organizations

  • Genuine tax exemption for food donations and non-alcoholic beverages
  • The scope of the genuine VAT exemption has been expanded to include food donations and donations of non-alcoholic beverages to eligible charitable institutions
  • The change will come into effect on August 1, 2024, and will apply to transactions and other events that occur after July 31, 2024.

Source: info.leitnerleitner.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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