5. Common requirements for the application of deductions
Regulations: Art. 32.16 Law 10/2017, of October 27, which consolidates the legal provisions of the Autonomous Community of La Rioja regarding own taxes and assigned taxes
The autonomous liquid quota may not produce a negative result as a consequence of the results of the operations derived from the application of these deductions and the deduction of the amounts destined for research, conservation, restoration, rehabilitation or consolidation of assets that are part of the historical heritage of La Rioja.
These deductions will be incompatible with the tax credit recognized by virtue of the donation that gives the right to the deduction referred to in the Law of Patronage of the Autonomous Community of La Rioja, as long as the aforementioned tax credit remains valid.
It should be taken into account that Law 3/2021, of April 28, on Patronage of the Autonomous Community of La Rioja in its article 8, modified by article 3.One of Law 7/2021, of December 27 (BOR 12-28-2021), defines the tax credit as "those amounts recognized by the Administration of the Autonomous Community of La Rioja in favor of taxpayers that can be used by them to satisfy the payment of the taxes of the Autonomous Community. ".
For its part, the tax credit to which the incompatibility with this deduction refers is the one provided for in article 9 of the aforementioned Patronage Law of the Autonomous Community of La Rioja, which provides that the Autonomous Community of La Rioja will recognize a tax credit to favor of donors for 25 percent of the business collaboration agreements or of the monetary amounts donated in favor of the Autonomous Community, provided that they are used to finance spending programs or actions developed by its public sector that have the object the promotion of any of the activities provided for in article 1 of said law or the establishment of scholarships to pursue studies.
Finally, indicate regarding the validity of this tax credit that article 11 of Law 3/2021, of April 28, on Patronage of the Autonomous Community of La Rioja indicates that these tax credits recognized by the Autonomous Community of La Rioja will have a validity of ten years, counted from the date of their recognition.