12. Relevant literary, artistic or scientific awards declared exempt by the Tax Administration and Princess of Asturias awards
Regulations: Articles 7.l) Law IRPF and 3 Regulations of IRPF . Order EHA /3525/2008, of November 20, establishing the procedure for declaring the exemption from IRPF of certain literary, artistic or scientific awards ( BOE of December 5).
A. In general
The granting of goods or rights to one or more persons, without compensation, in reward or recognition of the value of literary, artistic or scientific works, as well as the merit of their activity or work, in general, in such matters, will be considered a relevant literary, artistic or scientific award.
In order for prizes to be declared exempt they must meet the following conditions
a. Your call must meet the following requirements established in article 3.3 of the IRPF Regulations.
- Have national or international character.
- Not to establish any limitations regarding the contestants for reasons other than the essence of the prize.
- That your announcement is made public in the Official Gazette of the State or the Autonomous Community and in at least one national newspaper of major circulation (except in the case of awards that are convened abroad or by International Organizations)
b. The prize must be awarded for works executed or activities developed prior to the call for applications, and therefore scholarships, grants and, in general, amounts intended for the prior or simultaneous financing of works or tasks related to literary, artistic or scientific subjects are excluded from this exemption.
c. The exemption of relevant literary, artistic or scientific awards must have been expressly declared by the Director of the Tax Management Department of the State Tax Administration Agency through the procedure regulated by Order EHA/3525/2008, of November 20, which establishes the procedure for declaring the exemption from personal income tax of certain literary, artistic or scientific awards (BOE of December 5).
The declaration of exemption will be valid for subsequent calls provided that these do not modify the terms that were taken for the purposes of granting the exemption. If these terms are modified in successive calls, or any of the requirements for their application are not met, the right to their application will be declared lost.
The list of literary, artistic or scientific prizes declared exempt by the Tax Agency can be consulted on page www.sede.agenciatributaria.gob.es
B. The "Princess of Asturias" awards
The "Princess of Asturias" awards, in their different modalities, awarded by the Princess of Asturias Foundation are hereby declared exempt. ##