Corporate donations to rebuild the fire-ravaged Notre-Dame Cathedral in Paris should benefit from an existing 90 percent tax deduction, a former French culture minister said.
The so-called 2003 Aillagon law relating to patronage, associations, and foundations sets out tax benefits for corporate and individual donations to associations and foundations.
In an April 15 tweet, Jean-Jacques Aillagon, who proposed the law as minister of culture under former President Jacques Chirac, urged the government to quickly “decree” the cathedral a “national treasure, so that donations for its reconstruction would benefit from a tax deduction of 90 percent, provided” by the ...
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