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Tax deductibility for companies

Through the Decree of the President of the Council of Ministers of 31 October 2016 the IIPP was included among the entities qualifying for the deductibility of donations made to them (article 1, subsection 353 of Law no. 266 of 23 December 2005).

The decree states that are deductible from the income the funds transferred by companies, by way of contribution or donation, in favor of foundations and associations having statutory purpose for conducting or promoting scientific research activities. 
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