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V3131-19 ·11 November 2019 ·consulta-vinculante Medium impact
Tax

Only irrevocable, pure donations without consideration are deductible

The taxpayer asks whether monthly contributions to a non-profit entity are deductible from income tax. The DGT responds that such contributions must be irrevocable, pure, without consideration, and without any exchange of goods or services.

In 6 key points

How it affects those involved

Contributions to non-profit organisations are only deductible if they are irrevocable, unconditional, and without any consideration or exchange of goods or services.

Lifecycle

2019-11-11PublishedPublished 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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