Armenian legislation does not currently offer any tax incentives for businesses to engage in philanthropic activities. Currently only 0.25% of company ‘income before tax’ donated to ‘charitable organizations’ are exempt from profit tax, which is not a sufficient incentive for such donations from companies. Moreover, the income from “economic” activities of non-profit institutions is treated as “profit” and is subject to profit tax.
EPF Armenia initiated a legal assessment and comparative analysis of Armenian legislation that governs philanthropic giving with legislation from other countries. Based on the results of this assessment, EPF is going to introduce the concept of endowments in Armenia as a tool for providing financial sustainability to civil society, educational and cultural institutions, while at the same time facilitating individual and corporate giving in Armenia.
Please download from here Draft Endowment Law prepared by EPF’s contractor Grant Thornton Amyot LCC.
Draft Endowment Law (160 KBytes)
11 May 2012
Ten young filmmakers from Armenia and Turkey participated in the Armenia-Turkey Cinema Platform (ATCP) workshop held in Istanbul on April 12-13, 2012 on the sidelines of the 31st Istanbul International Film Festival. The participating film projects, five per country, were handpicked by the ATCP pre-selection committee from among 35 applications.
03 May 2012
Caucasus Research Resource Centers-Armenia (CRRC-Armenia) is currently seeking for a person to fill in the position of Office Manager. Under the direct supervision of CRRC-Armenia Director, Office Manager is required to handle office management issues, such as procurement, travel arrangements, event organizations, service contracting and other related duties. For details please download the file attached. To apply please submit a cover letter and a CV indicating a list of three referees in English by May 16, 2012 to e-mail hr@crrc.am.
13 April 2012
The next workshop of the Armenia-Turkey Cinema Platform (ATCP) will be held in Istanbul from Thursday to Saturday. The ATCP 2012 Program is carried out with the support by the Eurasia Partnership Foundation (EPF).
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