Since 1987, the PalauPalauPalau PalauPalauPalau PalauPalauPalau de la Música de Valencia has been developing its activity as the main auditorium of the city of Valencia. The artistic activity of the PalauPalauPalau PalauPalauPalau PalauPalauPalau has significantly influenced the cultural evolution of the city of Valencia. Conceived as a grand auditorium and the home of the Valencia Orchestra, it has offered major concerts of different musical genres since its inauguration. However, following a four-year closure for repairs to its two main halls, the current season has presented an artistic and social challenge that prompts a deep reflection on the relationship between the PalauPalauPalau PalauPalauPalau PalauPalauPalau as a major cultural agent in the city and the society to which we belong and are committed.
To this end, a patronage project has been proposed, allowing the audience, beyond their traditional role as spectators, to feel part of the PalauPalauPalau PalauPalauPalau PalauPalauPalau de la Música as patrons, actively contributing to its sustainability and growth. Being a patron of the auditorium allows us to establish an even closer connection with the audience, participating in their artistic or cultural concerns, to which we respond by making them an essential part of our artistic programming.
These contributions will benefit from the tax incentives for patronage regulated, both for individuals and legal entities, by the Law 49/2002, of December 23, on the tax regime of non-profit entities and the tax incentives for patronage.
For individuals (art. 19), the deductible base is set at €250, from which 80% of the donation can be deducted from personal income tax (IRPF), with the rest of the amount deductible at 40%. Furthermore, with the goal of fostering a long-term patronage relationship, this percentage increases to 45% for amounts exceeding €250 “if donations, gifts, or contributions with the right to deduction have been made to the same entity in each of the two immediate previous tax periods, and the amount of the donation, gift, or contribution of this exercise and the previous tax period is equal to or greater than that of the previous tax year.”
For legal entities (art. 20), they are entitled to deduct 40% from the total corporate tax payable, reduced by corresponding deductions and allowances, of the deduction base. This percentage will be 50% “if donations, gifts, or contributions with the right to deduction have been made to the same entity in each of the two immediate previous tax periods, and the amount of the donation, gift, or contribution of this tax period and the previous tax period is equal to or greater than that of the previous tax period.”
Additionally, to the “Friends of the PalauPalauPalau PalauPalauPalau PalauPalauPalau ” program, the following philanthropic options are available:
From 100€ and less than 250€
From 250€ and less than 1000€
From 1000€ and less than 5000€
From 5000€
As a patron of the PalauPalauPalau PalauPalauPalau PalauPalauPalau de la Música de València, you are helping music and culture thrive in our city. Your support inspires us to continue offering unique experiences.
Thank you for your trust.