10.15.19. For amounts allocated by their owners to the conservation, repair and restoration of assets that are part of the Valencian cultural heritage

Taxpayers will be able to deduct 25 percent (if the taxpayer died before July 28, 2018, the percentage will be 15 percent) of the amounts allocated by the owners of assets belonging to the Valencian Cultural Heritage registered in the General Inventory of the same, to the conservation, repair or restoration of the aforementioned assets.

In the case of joint taxation, the taxable base of its different members will be determined taking into account the rules of individualization of the different sources of income contained in the state regulations governing the tax (art. 7.two CA Law). 13/1997).

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

Completion

The amounts paid by the deduction holder will be reflected in the window.

In the case of marriage and if the amount paid corresponds to the spouses in equal parts, 50% of the total amount paid by both spouses will be reflected.

IMPORTANT

Common requirements for regional deductions for donations of monetary amounts for the conservation, repair and restoration of assets of the Valencian Cultural Heritage, for the amounts allocated by the owners of assets belonging to the Valencian Cultural Heritage, to the conservation, repair and restoration of the aforementioned assets for donations intended for the promotion of the Valencian language and for donations of monetary amounts relating to other cultural purposes.

It is established that the base of the previous autonomous deductions may not exceed 20% of the taxpayer's taxable base.