Follow

Tax deductions: Spain

Disclaimer: The below is not legal advise, - you should always consult with your locale tax office about how to obtain a tax deduction

Below you find the most basic information on tax deduction in Spain.

Should you have any further questions, please contact your local tax authority.

  • Tax deduction on cash donations to charities is possible.
  • The charities must be approved according to article 16 of Lax 49/2002.

Different rules applied according to the legal qualifications of the donor – whether the donor is an individual or a company. 

Individuals:

  • Donations, which qualify as gifts, are tax deductible.
  • Tax deduction rate: 25%
  • Deductions cannot exceed 10% of the taxable income.

Companies:

  • Donations, which qualify as gifts, are tax deductible.
  • Tax deduction rate: 35%
  • Deductions cannot exceed 10% of taxable income of same fiscal year.

In order to get tax deduction, the donor must submit the following information to the charity:

  • Tax Identification Number
  • Identification information: name, address, etc.
  • Amount and date of the donation, and name of the beneficiary (the charity).

For further information, please contact your local tax authority. 

Was this article helpful?
0 out of 0 found this helpful
Have more questions? Submit a request

0 Comments

Please sign in to leave a comment.
Powered by Zendesk