As a result of changes in the law 49/2002, contributions and donations done by individuals and entities to GLOBART will be entitled to greater tax incentives.
Individuals:
From 2016:
Deduction of 75% for the first 150 euros donated. Contributions above this first tranche will be deductible at 30% and up to 35% for regular donations for at least three years for an equal amount or higher.
In 2015:
The corresponding deductions are 50%, 27.5% and 32.5%. The deduction has a limit of 10% of the taxable income of the tax.
Legal entities:
From 2016 including:
Deduction of 35% and up to 40% for regular donations for at least three years for an equal amount or higher.
In 2015: The corresponding deductions are 35% and 37.5%. The deduction has a limit of 10% of the taxable income of the tax.