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New Tax Reform

New Tax Reform

12/02/2015
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Information on the recent tax modifications that are now more beneficial for charitable people

 

INDIVIDUALS

The first 150 euros donated from January 2015 will have a 50% deduction on their income tax quota (on the 2015 tax return) and a 75% deduction (from the 2016 tax reform onwards).

Also, any amount over 150 euros has an additional 27,5% deduction (on the 2015 tax return) and a 30% deduction (on the 2016 tax return) on top of the one corresponding to the first 150 euros.

Fidelity as a donor will be rewarded with additional tax relief. These last percentages can be increased to 32,5% (2015 tax return) and 35% (2016 tax return), respectively, if in the two previous years donations had been made to the same NGO for an equal or greater amount.

LEGAL ENTITIES

The deduction on the corporation tax quota will be 37,5% (in the 2015 tax return period) and 40% (from 2016 onwards), respectively, if in the two previous tax periods, donations have been made with deduction rights to the same NGO for an equal or greater amount. In other cases, the deduction will be 35%.

 

If you have any doubts or questions you can get in touch with the Members and Donations Department of the Josep Carreras Foundation through email at amics@fcarreras.es or by telephone at 93 414 55 66. 

 

 

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