Do I need to pay taxes on donations?

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A satisfied client or fan will gladly donate money for your development. But what to do with it: keep it all for yourself or give part to the state? Elena Mekhonoshina, an expert at online accounting for senegal telegram number database entrepreneurs "Kontur.Elba", explains when you need to pay taxes on donations and when you don't.

When you don't have to pay taxes on donations
Don't pay taxes on donations if:

you don't give anything in return;
you give something in return, but not because of the donation.
For example, a streamer shares content, and subscribers send donations to develop the channel. They do not receive privileges for this, so there is no need to pay taxes.

Another situation: a specialist provides free consultation and helps to solve a problem. A satisfied client transfers a small amount as a token of gratitude. There is no need to pay tax, because the consultation would have been provided without the donation.

This rule applies to the self-employed and individual entrepreneurs on a simplified tax system, but only to cash donations. If one of the subscribers is so delighted with the content that he gives an apartment or a car, you will have to pay taxes. Part 18.1 of Article 217 of the Tax Code of the Russian Federation states that a gift is subject to taxes if it is real estate or a vehicle.