10.15.17. For donations of goods that are part of the Valencian cultural heritage

A 15 percent deduction may be made on outright donations made during the tax period of assets that are part of Valencian Cultural Heritage and are registered in the General Inventory of the aforementioned heritage, in accordance with the current regional legal regulations, provided that they are made in favor of any of the following entities:

• The Generalitat and the Local Corporations of the Valencian Community.

• Public cultural entities dependent on any of the previous Territorial Administrations.

• Public Universities of the Valencian Community.

• Non-profit entities regulated in sections a) and b) of article 2 of Law 49/2002, of December 23, on the tax regime of non-profit entities and tax incentives for patronage, provided that they pursue purposes of an exclusively cultural nature, and are registered in the corresponding registers of the Valencian Community.

• Private universities in the Valencian Community.

• Research centres of the Valencian Community.

To be entitled to this deduction, the effectiveness of the donation made, as well as its value, must be accredited by means of a certificate.

1. Date and amount of the donation, when it is monetary.

2. Public document or other authentic document proving the delivery of the donated property, in the case of donations in kind. In relation to the donations referred to in number 1 of letter q), the identification number that corresponds to the donated asset in the general inventory of Valencian cultural heritage must be mentioned in the document.

3. Express mention of the irrevocable nature of the donation. In any case, the revocation of the donation will determine the obligation to pay the corresponding amounts of 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.

4. Express mention that the recipient entity is included among those regulated in sections a) and b) of article 2 of Law 49/2002, of December 23, on the Tax Regime of Non-Profit Entities and Tax Incentives for Patronage, when the donation is made in favor of non-profit entities regulated in the aforementioned law.

Without prejudice to the above, the aforementioned certification must be accompanied by another certificate proving the value of the donated goods, issued by the competent Ministry in each case based on the object or purpose of the donation.

Completion

The value of the donated goods will be reflected in the window.

In the case of marriage and if the donation is made by the spouses in equal parts, 50% of the total amount donated will be reflected.