We can work with you to imagine, sketch and submit a monumental sculpture or a work of art for your interior.
We can adapt to the context and adjust our know-how to a specific request, proposing different patinas and treatments.
TAX EXEMPTION FOR WORKS OF ART ACQUIRED BY FRENCH COMPANIES
Whether you're a limited company (SA), a limited liability company (SARL) or a self-employed professional (EURL), you can acquire works of art whose price can be deducted in full from your tax bill, subject to certain conditions, including the obligation to display the work in a place accessible to the public (waiting room, entrance hall, meeting room).
As of January 1, 2002, companies purchasing original works by living artists and recording them as fixed assets may deduct an amount equal to the purchase price from their income for the year of acquisition and the following four years, in equal instalments. The deduction thus made in respect of each year may not exceed the limit mentioned in the first paragraph of article 238 bis, less the total payments mentioned in the same article. To benefit from the deduction provided for in the first paragraph, the company must exhibit the asset it has acquired in a place accessible to the public for the period corresponding to the year of acquisition and the four following years. The sums involved are now deductible up to a limit of 5% of sales, less payments made in application of article 238 bis.
Code Général des Impôts Article 238 bis AB
BULLETIN OFFICIEL DES IMPÔTS DIRECTION GÉNÉRALE DES IMPÔTS 4 C-5-04 N° 112 du 13 JUILLET 2004
Chapitre 2, section 1 et 2, articles 100 et suivants