As of 22 September 2026, the Računovodja.com portal released a new e-document addressing the accounting and tax treatment of state funds, donations, and sponsorships received by institutes (zavodi) in Slovenia. With the increasing complexity of nonprofit financing under the Companies Act (ZGD-1) and the VAT Act (ZDDV-1), this guide provides critical clarity on distinguishing between grants, donations, and sponsorship contracts. It covers the correct recognition of revenue, VAT exemptions under Article 43 of ZDDV-1, and corporate income tax implications under the Corporate Income Tax Act (ZDDPO-2). The publication is timely as institutes prepare for year-end reporting and audit requirements for the 2026 fiscal year.
Key Takeaways
- VAT Exemption Thresholds: The guide explains that state grants and donations meeting the public interest criteria under Article 43 of ZDDV-1 are VAT-exempt, while sponsorships tied to advertising services remain taxable at the standard 22% rate. Proper contract drafting is essential to secure the exemption.
- Corporate Income Tax Reporting: Institutes must separate tax-exempt income from taxable sponsorship revenue in their annual tax returns. The document includes a step-by-step worksheet for allocating overhead costs between exempt and taxable activities to avoid disputes with FURS.
- Documentation and Audit Trail: The e-document mandates that institutes retain signed agreements, bank confirmations, and evidence of public benefit for at least five years. It also recommends obtaining a prior ruling from FURS for large or unusual transactions to mitigate penalty risks.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement