Skip to main content
Practical Heritage Manual 2021.

For contributions to the constitution or expansion of the endowment to foundations of the Autonomous Community of La Rioja

Regulations: Art. 33 Law 10/2017, of October 27, consolidating the legal provisions of the Autonomous Community of La Rioja regarding own taxes and transferred taxes.

Requirements and other conditions for the application of the deduction

  • That among the assets or rights of economic content computed for the determination of the tax base there is any that has been or is going to be used during the year following the date of accrual of the tax for the constitution of a foundation or expansion of the founding endowment of an existing one, provided that it is domiciled in La Rioja and registered in the census of entities and activities in the field of patronage and pursues purposes included in the Regional Patronage Strategy.

  • The amount that cannot be deducted due to insufficient quota may be used as a tax credit under the terms provided in Chapter II of the Patronage Law of the Autonomous Community of La Rioja.

    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, defines 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, Article 9 of the aforementioned Patronage Law of the Autonomous Community of La Rioja provides that the Autonomous Community of La Rioja will recognize a tax credit in favor of donors for 25% of business collaboration agreements or 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 as their object the promotion of any of the activities provided for in Article 1 of said law or the establishment of scholarships for studies.

    Finally, regarding the validity of this tax credit, article 11 of Law 3/2021, of April 28, on Patronage of the Autonomous Community of La Rioja states that these tax credits recognized by the Autonomous Community of La Rioja will be valid for ten years, counted from the date of recognition thereof.

Amount of deduction

25 percent of the value of the contribution made that must be included in the tax base.

For these purposes, the criteria for assessing the assets and rights contributed will be those indicated in Chapter 3 of this Manual within the section “ Formation of gross assets: rules for the valuation of assets and rights ”.

Loss of the right to the deduction made

Failure to comply with the above-mentioned requirements will result in the loss of the right and obligation to file a supplementary tax return with payment of the amount of the improperly applied deduction plus the corresponding late payment interest.