598e

For purposes of this chapter, it shall be deemed that a contributor, meaning an individual, corporation or entity, has made a donation to the fund if said contribution is made on or before the last day established by law as the end of the taxable year.Any donations made to the fund may be claimed entirely as a deduction from the individual gross income or from the gross income of corporations or partnerships, as applicable, and without being subject to the provisions of §§ 8523(aa)(2)(M) of Title 13, part of the Puerto Rico Internal Revenue Code of 1994. Every individual, corporation or partnership claiming this deduction must include with its income tax return a certification under the seal of the Corporation as evidence of the donation. History —Aug. 17, 2001, No. 121, § 7.06.