Instead of corporate tax you can donate to NGOs/SLO!

How much will I pay CIT if I pay EUR 1m in dividends?

Some contacts asked for a translation of this blog originally posted in Latvian, so here we go.

The distribution of EUR 1m in dividends results in a payment of EUR 250k CIT, in addition to the aforementioned dividends.

How much of the EUR 250k CIT can I replace with a donation?

No more than 30% of divide…