10.15.25 for donations or transfers of use or loan for other purposes

Taxpayers may deduct 25 percent of the amounts valued at donations or loans for use or on loan made to non-professional cultural, scientific or sports projects or activities declared or considered to be of social interest.

Requirements

• That donations or loans for use or on loan are made to non-professional cultural, scientific or sporting projects or activities declared or considered to be of social interest, other than those provided for donations relating to Valencian cultural heritage and those intended to promote the Valencian language.

• The application of the deduction is conditional on the delivery of the monetary amounts derived from the act or legal transaction that entitles it to its application being made by credit or debit card, bank transfer, personal check or deposit into accounts in credit institutions.

• That donations or loans for use or loan be made in favor of the persons or entities that benefit from article 3 of Law 20/2018 of the Generalitat, on non-professional cultural, scientific and sports patronage in the Valencian Community. The following persons and entities are considered beneficiaries: 

  1. Non-profit entities, domiciled for tax purposes in the Valencian Community, whose corporate purpose is of a cultural, scientific or non-professional sports nature.

  2. The Generalitat, its public bodies and the instrumental public sector of the Generalitat.

  3. Local entities of the Valencian Community, their public bodies, foundations and consortia that depend on them.

  4. The public and private universities of the Valencian Community, their foundations and the colleges attached to them.

  5. Institutes and research centres of the Valencian Community or those based therein.

  6. The higher education centres for artistic education in the Valencian Community.

  7. Natural persons resident and with tax domicile in the Valencian Community who regularly carry out non-professional cultural, scientific and sporting activities. For the purposes of this law, natural persons who carry out non-professional cultural, scientific or sporting activities in relation to the types of patronage received from their spouse, stable partner, ascendants, descendants or collateral relatives up to the third degree, or those who form part, together with the aforementioned natural person, of an entity under an income attribution regime, will not be considered beneficiaries.

  8. Museums and museum collections recognised by the Generalitat Valenciana, as well as archives in the Valencian Community.

  9. Cultural companies that have their tax domicile in the Valencian Community and whose corporate purpose is any of the following:

     1. Cinematography, audiovisual arts and multimedia arts.

     2. The performing arts, music, dance, theatre and circus.

     3. The plastic arts or fine arts, photography or design.

     4. Books and reading, as well as literary, photographic and cinematographic editions in any format or medium.

     5. Research, documentation, conservation, restoration, recovery, dissemination and promotion of the tangible and intangible cultural heritage of the Valencian Community

     6. Folklore and popular traditions of the Valencian Community, especially popular music and traditional dances.

     7. Applied arts such as jewelry and handmade ceramics.

     8. Any other artistic or cultural activity.

• The beneficiaries of patronage will also be persons or entities that are objectively comparable to those provided for in the previous point and are based in other autonomous communities, member states of the European Union or associated states of the European Economic Area that carry out non-professional cultural, scientific or sporting projects or activities declared or considered to be of social interest that give the right to this deduction.

Deduction base

• In monetary donations, their amount.
• In the case of donations of assets or rights, the book value they had at the time of the transfer and, failing that, the value determined in accordance with the rules of the wealth tax.
• In the constitution of a real right of usufruct of real estate, 4 percent of the cadastral value each fiscal year.
• In the creation of a real right of usufruct over securities, the annual amount of dividends or interest.
• In the creation of a real right of usufruct over property or rights, the annual amount resulting from applying the legal interest on money to the value of the usufruct determined at the time of its creation.
• In the donation of assets of cultural interest, the valuation carried out by the Board of Valuation of Assets of the Valencian Cultural Heritage.
• In the case of loans for use or loan, 4 percent of the valuation of the property.

In the case of the delivery of monetary amounts, they must necessarily be made by credit or debit card, bank transfer, personal check or deposit into accounts in credit institutions.

The basis for deductions for monetary donations for the conservation, repair and restoration of assets that are part of the Valencian Cultural Heritage, for amounts allocated by their owners for the conservation, repair and restoration of assets that are part of the Valencian Cultural Heritage, for donations intended for the promotion of the Valencian Language and for donations or transfers of use or loans for other purposes of a cultural, scientific or non-professional sporting nature, may not exceed 30% of the general taxable base and the taxpayer's savings.

Completion

You must enter the amounts that form part of the deduction base in the box provided for this purpose. The program will calculate the amount of the deduction.