Grants:Project/Putnik/Wikidata module/Finances
This project is funded by a Project Grant
proposal | people | timeline & progress | finances | midpoint report | final report |
Budget
[edit]Below is your approved budget. Please use this table to keep track of actual funds spent for each line item and list the difference from the approved budget at the end of the grant period.
Expense | Approved amount | Actual funds spent | Difference |
Programmer salary for 6 months | 12000 USD | ||
Total | 12000 USD |
Request changes
[edit]We understand that sometimes plans change. Please use this button to request approval for changes to your grant’s budget while your project is in progress. Any variation of 20% or more to any line item in your budget must be approved by staff here before you make the change (for projects with budgets of $15,000 or more, the accepted variance is 10%).
Budget change request
[edit]Please add 1,793 US $ to pay income tax.
Rationale
[edit]I consulted with a lawyer and found out that the income tax with this grant to be paid, because it does not meet the requirements under which the grant is exempt from taxes (relative to funders). I made a mistake when previously searched for information on grants, and was confident that the grant is not taxed. It's my fault, but if such a change is acceptable, then it would make my work on the project easier.
Income tax in Russia is 13%, so the income tax on 12,000 US $ will be 12,000 / (1 - 0.13) - 12,000 ≈ 1,793 US $
- Hi Putnik. Thanks for the clear rationale. This is approved. Alex Wang (WMF) (talk) 22:28, 17 November 2016 (UTC)