35. Are there provisions for any other form of indirect public funding?
El Salvador
Answer
Yes
Source
Source: Article 51, paragraph 3, Political Parties Act 2013.
Artículo 51 inciso 3°.- Las aportaciones que los donantes realicen a los partidos políticos, serán deducibles del impuesto sobre la renta, según lo regula la respectiva ley.
Article 51, paragraph 3.- Contributions made by donors to political parties shall be deductible from income tax, as regulated by the respective law.
Ley de Partidos: https://www.asamblea.gob.sv/sites/default/files/documents/decretos/2E597B83-D1C9-4C91-A9C9-6EC8A44FBA0F.pdf
Comment
Tax exemptions
Party donors can deduct their donations from their income tax. The donation becomes a tax deduction for the donor.
