Proposal to ban donations to political parties

Automatic summary, not yet reviewed

1. The bill, introduced by the Mixed Parliamentary Group at the request of two lawmakers from UPN, would ban political parties from accepting or receiving any kind of donation, in cash or in kind, directly or indirectly.
2. Member dues and contributions would remain allowed, capped at 6,000 euros per year. Any contribution above 3,000 euros would have to be reported to the Court of Accounts within three months.
3. Parties could not accept donations from foreign individuals or any funding from foreign governments, agencies or public companies. Third parties could not pay party expenses, and banks could not forgive party debts.
4. Dues and contributions would have to be paid by bank direct debit or named deposit into accounts used exclusively for that purpose, so it is clear who pays.
5. Parties could not run commercial activities. On taxes, their non-exempt income would be taxed at 25% under corporate income taxincome tax The personal income tax (IRPF in Spain): what people pay on what they earn from work, business or savings., and member dues would be deductible from personal income tax up to 600 euros a year.
6. Accounting and disclosure duties would be tightened: annual accounts would go to the Court of Accounts by June 30 and be published on the party's website, along with the audit report. Foundations linked to parties would also be subject to oversight and could not donate to the parties.

Who it affects

• Political parties, which would face a donation ban and stricter accounting and disclosure controls.: They could not accept donations, would face limits on member dues, and would have to publish their accounts.
• Members and individual donors, with a 6,000-euro annual cap and a tax deduction of up to 600 euros.: Their contributions would be capped, reported and paid into dedicated bank accounts.
• Foundations and entities linked to parties, subject to oversight by the Court of Accounts and barred from donating to parties.: They would have to audit their accounts, report to the Tax Ministry, and could not transfer money to parties.
• Credit institutions, which could not forgive party debts and would have to report to the Court of Accounts and the Bank of Spain.: They would have to disclose debt agreements and donations deposited.

Words worth knowing

Tribunal de Cuentas (Court of Accounts)

The public body that audits, meaning reviews and checks, the accounts of public institutions and political parties.

Condonación de deuda (debt forgiveness)

When a bank forgives all or part of a debt, or lowers the interest rate below market levels.

Proposición de Ley Orgánica (Organic Law bill)

A proposal to amend an organic law, a special type of Spanish law affecting fundamental rights. This one is not yet passed.

Impuesto sobre Sociedades (corporate income tax)

The tax that companies and entities pay on their profits.

income tax

The personal income tax (IRPF in Spain): what people pay on what they earn from work, business or savings.

It summarizes the text as it was introduced. It is written by artificial intelligence and may contain mistakes: the official text is what counts. Read the official text · How we make summaries