Tax exemption for an original work
The purchase of an original work allows to benefit from a tax exemption.
For a company, it is advantageous to invest in works of art, to benefit from a more or less significant reduction. For individuals, in particular those subject to the ISF, the acquisition of these types of property also opens the right to an interesting tax exemption, since it makes it possible to reduce the amount of taxable income, according to a certain limit imposed by the device, and to create a heritage.
Contact your accountant to find out about the benefits and terms of allocation.