How is the scholarship taxed?
28.11.2023 12:45 • Question
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1 Answers
Lorina Fedan
Answer provided 28.11.2023 12:46
The amount of financial assistance (scholarship) paid to a student, graduate student at the expense of the institution's own funds is included in the total monthly (taxable) income of the taxpayer as other income and is subject to personal income tax and military levy on a general basis.
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