Amount of deduction

According to the provisions of article 20 of Law 49/2002 , taxpayers will have the right to deduct from the full quota, reduced by the deductions and bonuses provided for in Chapters II, III and IV of Title VI of the LIS , the 35 percent of the deduction base.

The amounts corresponding to the tax period not deducted may be applied in the settlements of the tax periods that conclude in the immediate and successive 10 years .

If in the two immediately preceding tax periods donations, gifts or contributions with the right to deduction have been made in favor of the same entity for an amount equal to or greater than, in each of them, that of the previous tax period, the deduction percentage applicable to the deduction base in favor of that same entity will be 40 percent .

The basis of this deduction may not exceed 10 percent of the taxable base of the tax period.

Amounts that exceed this limit may be applied in the tax periods that conclude in the immediate and successive 10 years .

article 22 of Law 49/2002 establishes that the General State Budget Law may increase by five percentage points, at most, the percentages and limits of this deduction . For these purposes, the percentage of 35 percent applicable to this deduction may be raised to 40 percent and the maximum limit of 10 percent to 15 percent .