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Practical manual for Income Tax 2021.
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Joint requirement for certain regional deductions for donations or transfers of use or loan

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 cultural, scientific or non-professional sports purposes.

Joint requirement

  • The basis for the above deductions may not exceed 30 percent of the general taxable base and savings of the taxpayer, the sum of boxes [0500] and [0510] of the declaration.

  • In any case, the revocation of the donation will determine the obligation to pay the quotas corresponding to the benefits enjoyed in the tax period in which said revocation occurs, plus the applicable late payment interest, in the manner established by the state regulations governing Personal Income Tax .