Art works and art advice

For us, investing in art is also an option for asset diversification and especially a taxation applicable to works of art very attractive: investing in art means combining pleasure and tax exemption!

 

Works of art have always been directly related to prestige. They are more than a beautiful and elegant piece of decoration: they bring happiness and power.

 

Art is an asset with a defensive value; it is theoretically decorrelated from the stock markets and is also a protection against inflation.

 

The acquisition of art objects allows you to benefit from tax reductions. Some devices are favorable to individuals and others to businesses.

 

Antique, art or collectible items are not included in the tax bases of the Solidarity Tax on wealth. If you owe the ISF, you do not have to declare them as / as part of your wealth.

 

This exemption also applies to the shares of civil companies referred to in the third paragraph of article 795 A, up to a fraction of the value of the shares representing objects of antiques, art or collectibles.

 

Industrial property rights are not included in the tax base of the solidarity tax on the fortune of their inventor.

 

The rights of literary and artistic property are not included in the tax base of the solidarity tax on the fortune of their author. This exemption also applies to the rights of performers, producers of phonograms and producers of videograms.

 

Pursuant to Article 238 bis AB of the General Tax Code, which aims to promote corporate patronage, companies that acquire original works by living artists may, subject to conditions, deduct from the result of the financial year the following four years, an amount equal to the acquisition price within the limit of 5 ‰ of turnover.

 

The exemption of EFR, the only taxation in terms of surplus value, is extremely interesting. Especially since tax exemption measures of the ISF, otherwise more profitable to the national economy, exist.

 

The very advantageous taxation of works of art means that owning these works in a diversified heritage is a real option.

  

To do this, it is necessary to be well informed in order to make the right choices to make a real profit. Quality support is needed when making such an investment.

 

We form a network that puts artists in contact with potential investors and, thus, helps to find investment opportunities.

 

Ask for advice!