France to Pass Law Next Week to Manage Notre Dame Project

April 17, 2019, 11:19 AM UTC

The French government next week will pass a law that will provide a framework for the rebuilding of Notre-Dame Cathedral, Prime Minister Edouard Philippe said after a weekly cabinet meeting that was dedicated to the issue.

  • Philippe says law will include further tax breaks for small donations; existing deductions will apply for donations over EU1,000.
  • Culture ministry to set up special unit to oversee project.
  • Philippe says no estimate yet of the cost of the reconstruction.
  • Says law makes it easier to modify tax breaks and construction procedures.
  • “It’s a huge challenge, a financial responsibility,” Philippe says about President Emmanuel ...

Learn more about Bloomberg Tax or Log In to keep reading:

See Breaking News in Context

From research to software to news, find what you need to stay ahead.

Already a subscriber?

Log in to keep reading or access research tools and resources.