{"id":7260,"date":"2023-04-05T10:06:59","date_gmt":"2023-04-05T10:06:59","guid":{"rendered":"https:\/\/fundacionpai.com\/deduccion-fiscal-por-donativos-a-la-fundacion-perros-abandonados-en-ibiza\/"},"modified":"2023-04-07T11:12:34","modified_gmt":"2023-04-07T11:12:34","slug":"deduccion-fiscal-por-donativos-a-la-fundacion-perros-abandonados-en-ibiza","status":"publish","type":"post","link":"https:\/\/fundacionpai.com\/en\/deduccion-fiscal-por-donativos-a-la-fundacion-perros-abandonados-en-ibiza\/","title":{"rendered":"Tax deduction for donations to the Fundaci\u00f3n Perros Abandonados in Ibiza"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"7260\" class=\"elementor elementor-7260 elementor-7248\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3ea88c3e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3ea88c3e\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7ae6da0f\" data-id=\"7ae6da0f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-797f7de4 elementor-drop-cap-yes elementor-drop-cap-view-framed elementor-widget elementor-widget-text-editor\" data-id=\"797f7de4\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;drop_cap&quot;:&quot;yes&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Fundaci\u00f3n Perros Abandonados en Ibiza meets the requirements of Law 49\/2002 for your donations to be deductible in both Personal Income Tax and Corporation Tax.<\/p>\n<p><strong>What is the advantage of the deduction?<\/strong><\/p>\n<p>The advantage of the tax deduction is that you get back a part of your donation when you make your annual tax return: your tax liability is reduced, so you either receive a higher refund or you have to pay a lower amount.<\/p>\n<p>For example, if you want to donate \u20ac150 to the Foundation as an individual, your actual cost will be \u20ac30 because you will be able to deduct \u20ac120 in your tax return or you will increase your tax refund by \u20ac120.<\/p>\n<p><strong>Deduction in the IRPF declaration<\/strong><\/p>\n<p>In your IRPF (Personal Income Tax) declaration, you can deduct 80% of the first 150 \u20ac donated to entities such as Fundaci\u00f3n Perros Abandonados en Ibiza and 35% of the amounts you donate above 150 \u20ac .<\/p>\n<p><strong>FOR EXAMPLE: IF YOU DONATE \u20ac150 TO THE FOUNDATION YOU GET BACK \u20ac120, SO YOU WILL ONLY HAVE PAID \u20ac30. YOU GET IT BACK WHEN YOU MAKE YOUR TAX RETURN.<\/strong><\/p>\n<p><strong>FOR EXAMPLE IF YOU DONATE 300 \u20ac TO THE FOUNDATION YOU WILL DEDUCT 120 + 52,5 = 172,50 \u20ac IN YOUR INCOME TAX RETURN, i.e. YOU WILL HAVE CONTRIBUTED 300 \u20ac FOR A COST OF 127,50 AND YOU WILL RECOVER 172,50 \u20ac WHEN YOU MAKE YOUR INCOME TAX RETURN.<\/strong><\/p>\n<p>Provided the legislation does not change, if you maintain or increase the amount you donate to Fundaci\u00f3n peros Abandonados in Ibiza for three years, from that third year onwards you will be able to deduct 40% of the amounts above \u20ac150 (instead of 35%). The total deduction for donations is limited to 10% of your taxable income.<\/p>\n<p>During the first quarter of each year, we will send you an email with a certificate of your donations from the previous year. We will also communicate the information to the Tax Office, so that your donations to the Fundaci\u00f3n Perros Abandonados en Ibiza will automatically appear in your fiscal data and in the draft of your income tax return.<\/p>\n<p><strong>Corporate Tax Deduction<\/strong><\/p>\n<p>Your company will be able to deduct 35% of the amounts donated to the Fundaci\u00f3n Perros Abandonados en Ibiza from the total amount of the Corporate Tax.<\/p>\n<p>Provided that the legislation does not change, if you maintain or increase the amount you donate to Fundaci\u00f3n Perros Abandonados for three financial years, from that third financial year onwards, the company will be able to deduct 40% of the amounts donated (instead of 35%).<\/p>\n<p>The total deduction for donations is limited to 10% of the taxable base. However, amounts donated in excess of this limit can be deducted in the tax periods ending in the next ten years and thereafter.<\/p>\n<p>During the first quarter of each year, we will send you an email with a certificate of your donations from the previous year.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Fundaci\u00f3n Perros Abandonados en Ibiza meets the requirements of Law 49\/2002 for your donations to be deductible in both Personal Income Tax and Corporation Tax.<\/p>\n","protected":false},"author":3,"featured_media":4127,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[54],"tags":[56],"class_list":["post-7260","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-donation","tag-donation"],"_links":{"self":[{"href":"https:\/\/fundacionpai.com\/en\/wp-json\/wp\/v2\/posts\/7260","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fundacionpai.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fundacionpai.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fundacionpai.com\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/fundacionpai.com\/en\/wp-json\/wp\/v2\/comments?post=7260"}],"version-history":[{"count":3,"href":"https:\/\/fundacionpai.com\/en\/wp-json\/wp\/v2\/posts\/7260\/revisions"}],"predecessor-version":[{"id":7263,"href":"https:\/\/fundacionpai.com\/en\/wp-json\/wp\/v2\/posts\/7260\/revisions\/7263"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fundacionpai.com\/en\/wp-json\/wp\/v2\/media\/4127"}],"wp:attachment":[{"href":"https:\/\/fundacionpai.com\/en\/wp-json\/wp\/v2\/media?parent=7260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fundacionpai.com\/en\/wp-json\/wp\/v2\/categories?post=7260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fundacionpai.com\/en\/wp-json\/wp\/v2\/tags?post=7260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}