Tax Benefits
When declaring your charitable donations in your next income tax return (in Spain), you will get the following deductions:
- Tax benefits for company donations:
- Pure and simple donations: reduction of 40%.
- Donations to the same entity for 2 years or more: reduction of 50%.
- Limits of the tax base reduction: reduction of 15%.
- Tax benefits for private donations:
- Pure and simple donations:
- Up to 250€: reducción of 80%.
- Additional amount exceeding €250: reduction of 40%.
- Donations to the same entity for 2 years or more: reduction of 45%.
