The project “Milliarium Montserrat 1025-2025” has been recognized as an event of special public interest and for this reason it has a favorable tax system for the natural and legal persons, who make a donation.
This tax tool consists on a tax exemption for companies equivalent to the 15% of the amount spent in publicity and advertising, having a maximum amount of 90% of the amount donated.
For the donors, who don’t advertise the event, being natural or legal persons, the conditions of the tax exemption for their donation are up to 30% in the liquid quote of the IRPF (having as a limit the 10% of the liquid base), percentage which increases a 5% during the period in which the project od the Millennial of the Abbey of Montserrat is recognized as an event of special public interest. In case of maintaining a donation for an amount equal or greater than the previous two years, the deduction in the third year increases by another 5%.
For individuals, the first 150€ of the donation may be deducted 75% and on the amount that exceeds 150€, may be applied a deduction of 30% and 40% in the case of legal persons.