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VALUE ADDED TAX ACT

Promulgated State Gazette No. 90/22.10.1993
Amended SG No. 57/1995; 16 & 56/1996

(excerpts)

Part II

TAXABLE AND NON-TAXABLE TRANSACTIONS

Article 7

All transactions shall be taxable, with the exception of export transactions and exempt transactions.

(...)

Article 9

(1) Exempt transactions shall be:

(...)

7. transactions, performed by non-profit organizations, when the object of the transactions has been received by the organization as a donation;

(...)