Tashkent, Oct. 10 -- The resolution of the Cabinet of Ministers established tax benefits for legal entities engaged in philanthropic activities in the form of patronage of state preschool educational organizations.

The agreement on this type of public-private partnership is concluded for a period not exceeding one year and implies the regular provision of charitable assistance to the selected NGO.

Starting October 3, philanthropists carrying out philanthropic activities receive the following tax benefits:

- costs incurred shall be deducted when calculating the tax on profit of legal entities;

- gratuitous transfer of goods (works, services) is not subject to VAT;

- sale of goods (works, services) below cost is subject to VAT based on...