Donations for Notre-Dame de Paris: "It is the public collectivity that will take care of most of the cost"
https://www.lemonde.fr/societe/article/2019/04/16/dons-pour-notre-dame-de-paris-c-est-la-collectivite-publique-qui-va-prendre-en-charge-l-essentiel-du-cout_5450972_3224.html{Via google translate}
In the opposition as in the majority, voices are raised to denounce the tax cuts that should benefit the donors for the reconstruction of the cathedral.
The stone carcass of Notre-Dame was still smoking, Tuesday, April 16 in the morning, the controversy was already swelling. The donations for the reconstruction of the cathedral, emanating notably from several wealthy French luxury sector, should be entitled to 60% tax cuts, under the tax niche on patronage.
In other words, "it is the public community that will take the essential [reconstruction costs] in charge! deplores Gilles Carrez, Deputy Republicans (LR) and Special Rapporteur of the heritage program for the Finance Committee of the National Assembly. Of the 300 million euros, 180 million will be financed by the State, under the 2020 budget.
In the wake of the fire that devastated Notre-Dame on Monday night, several large fortunes have indeed announced wanting to participate financially in the reconstruction. LVMH, world leader in luxury, and the Arnault family at its head have announced a "donation" of 200 million euros "to the fund dedicated to the reconstruction of this architectural work that is part of the history of France . " A little earlier, the industrial family Pinault had announced the release of 100 million euros through its investment company Artemis.
Billionaires must pay taxes (including the ISF ...), not give when they want, enjoying the passage of huge tax cuts," tweeted Tuesday, the economist Julia Cagé, who participated in Benoît Hamon's campaign in 2017.
60% tax reduction
However, for businesses, the niche patronage offers 60% reduction on corporate tax (and 66% reduction in income tax for individuals), capped at 0.5% of turnover, with the possibility of benefiting from a staggered tax benefit over five years. Mr. Carrez emphasizes as follows:
"There we have no choice, we can rejoice. But since this money will be deducted from taxes [that should have paid the donors] , these are sums that will have to find. This is the problem of this kind of device: it can pose a budget problem. "....
