Donate
Your generosity is always highly valued and is also recognized for tax purposes, as your donations allow you to deduct a significant part of the amount you contribute
TYPES OF DONATIONS
Donation Agreement
- The company makes a contribution without receiving anything in return.
- Advertising or publicizing the donor is not allowed.
- A symbolic reward can be offered, not exceeding 15% of the donation value (maximum of 25,000 euros).
Advertising Sponsorship Agreement
- The company contributes money or goods in exchange for advertising.
- The advertising can include the company logo, social media posts, etc.
- This type of agreement is subject to VAT (21%).
Corporate Collaboration Agreement in Activities of General Interest
- The company contributes money or goods in exchange for collaboration publicity.
- The publicity is not considered advertising and therefore is not subject to VAT.
- The publicity commitments are minimal compared to sponsorship.
Tax Deductions for Donation Agreements
When the payment is made by a company
Donations
- Deduction of 40% from the corporate income tax base.
- Deduction of 50% for recurring donations (made for 3 consecutive years in an amount equal to or greater than the previous year).
Advertising Sponsorship
- The contribution can be deducted as an advertising expense. It is subject to 21% VAT.
Corporate Collaboration Agreements
- Limit: 15% of the taxable base for the period.
- The contribution is deducted as a deductible expense from the taxable base. It is not subject to VAT.
When the payment is made by an individual
Donations
- Deduction of 80% in personal income tax (IRPF) for the first 250 euros.
- Deduction of 40% for the amount exceeding 250 euros.
- Deduction of 45% for recurring donations exceeding 250 euros.
Advertising Sponsorship
- Only applicable to individual entrepreneurs.
- It is deducted as a deductible expense from the taxable base.
