In accordance with Law 49/2002 of 23 December on the tax regime for non-profit organizations and tax incentives for patronage, Spanish income tax payers who make a donation to the University of Barcelona are eligible to apply a deduction to their gross tax payable. The amount of this deduction is calculated as a percentage of the total amount of eligible donations and contributions as indicated below:
- 75% of the first €150
- 30% of any amount exceeding €150
Multi-year donations
If donations were made to the same entity in the two tax years immediately preceding the current year, and if in each case the amount of the donation was equal to or higher than the amount donated the previous year, the deduction percentage that may be applied to the base amount exceeding €150 is 35% (instead of 30%).
The base amount for calculating the deduction may not exceed 10% of a taxpayer’s basis of assessment. Amounts that cannot be applied due to insufficient tax liability or because they exceed the 10% limit may not be carried over to future tax years.