Every year, millions of secondhand items are sold on platforms like Wallapop or Vinted. Giving Closet turns that everyday transaction into a tax-optimized donation channel.
Sets the deduction rates (80% on the first bracket, 40% on the excess for recurring donations) that Giving Closet applies when channeling goods or their value to a beneficiary organization.
Right inside the C2C platform's selling flow, users can donate the item or the proceeds directly to an organization, generating the corresponding tax certificate.
Beneficiary organizations receive the good or its value already linked to the deduction, with no extra work for the donor.
Identify the dormant value at home, convert it into liquid capital by selling on secondhand platforms, and plant it as a cash donation that activates the Seed Effect.
Illustrative example based on current deduction brackets. Not a substitute for tax advice.
| Deduction if donated (art. 19, Law 49/2002) | — |
|---|---|
| Net cost of donating vs. selling | — |
The newest addition to the Altruismo Fiscal ecosystem, and the first built specifically around the sharing economy of goods rather than cash income. It already has its own white paper and proposed alliances with Wallapop, Vinted, Back Market, eBay Spain and Milanuncios.
Technical document — 2026 edition.