Aspects of accounting and taxation of donated goods sent free of charge

Abstract

For the support and social protection of different categories of legal persons or individuals, as well as for the promotion of goods and services, entities offer free goods, services and cash. Depending on the type and purposes of the donation, their accounting and tax treatment differ. Although some theoretical and practical aspects of these operations are examined in the works of some local scientists, they do not fully address the particularities of accounting and presentation in tax reports of operations of assets free transfer. Therefore, the purpose of the study is to exhaustively disclose the content, manner of evidence and declaration of donation operations of various goods. The methodological basis of the research was the dialectical method of knowing the matter with its main components: analysis, synthesis, the reciprocal connection between primary and secondary, the manifestation of the particular in general, etc. The study made it possible to highlight through the prism of normative and legislative acts the aspects of accounting and taxation of assets donated and transmitted free of charge by types of recipients. DOI: https://doi.org/10.53486/9789975155663.16; CZU: 657.1:336.225.1(478); JEL: M41, K1.