Support a photographer or an artist can help reduce your tax burden

A few words on a legal provision that may be of corporate executives or professionals know: Article 238 bis AB of the Tax Code

Under this provision, companies that acquire works by living artists benefit from favorable tax provisions: it can register the acquisition in their annual report for expenses, which will then reduce all their tax base.

Conditions of application of this tax benefit:
. the work must be exposed in a "publicly available" (waiting room, reception, etc ...)
. the deduction can not exceed 5 per 1000 turnover by year (it is
possible to distribute the load over 5 years maximum) and can not exceed the total payments withheld under some tax cuts.

Attention also must be it a "work of art" under the tax provisions: for photographs, for example, there will be an original print signed and numbered, limited of 30 prints of the same work all formats ...
This does not therefore apply to certain collections can be found on the market and certainly offer beautiful photographs, but numbered up to 1 / 1500, 2 / 1500 etc ... in case of tax audit, you may well see your discount rejected on the grounds that the notion of a work of art is not present.

Entrepreneurs and professionals who want to decorate your space and to support the artists, you can at the same time get a tax deduction ...