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V2334-20 ·8 July 2020 ·consulta-vinculante Medium impact
Tax

Artistic donations to a foundation may be exempt from corporate and personal income tax under Law 49/2002

An artist asks about the tax treatment of donating their artwork to a foundation established for cultural management. The DGT states that the foundation may be exempt from corporate tax and the donor may be exempt from personal income tax with deductible donations for IRPF.

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2020-07-08PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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