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Promoting, fostering and disseminating knowledge of Spanish language and culture throughout the world


Collaborative business ventures in activities of general interest

Businesses or entities will be able to formalize a collaborative business contract with the Foundation in activities of generalinterest in exchange for a financial quantity or economic assistancewith which to carry out the activities necessary to fulfill specificaims of the Foundation.

The sums contributed or expenses incurred will be considered deductible expenses in determining the gross tax base for the corporate tax of the collaborative entity, the individual income tax for nonresidents of the taxpayers who operate in Spanish territory as a permanent establishment as defined by Spain’s tax agency, or the net profitability of the economic activity of taxpayers paying individual income tax under the direct estimation system.