Donations and sponsorship

The "Majestic Gallery Montsûrs" is an autonomous section of the 1901 law association "Le Majestic" created in 1961.

The section was recognized as of GENERAL INTEREST on December 23, 2022.
The actions of the Majestic Gallery Montsûrs, making contemporary art accessible to all, in rural areas, will be sustained by the donations from which it can now benefit.
The law of August 1, 2003, relating to patronage, associations and foundations, now makes it possible to encourage more systematically private initiatives, whether they concern companies or those of each of our citizens.
This law applies to all causes of general interest, particularly cultural ones.

The tax incentive is very indicative and applies to both individual and corporate donations.

Individual donations

Individual donations made to the Majestic Gallery Montsûrs are tax deductible.

This tax reduction is equal to 66% of the payments made during the year.

The payments are taken into account within the limit of 20% of the overall net taxable income.

Any surplus can be carried forward under the same conditions over the following five years.

Corporate sponsorship

Companies subject to income or corporation tax can benefit from a tax deduction equal to 60% of the amount of the donation within the limit of a ceiling of 5‰ (5 per thousand) of annual turnover. .

If the company has made its donation in the form of sponsorship in kind or of skills, by contributing with means (products or services), this contribution is then valued at the cost price, or at the net book value for the items entered in the company's assets.

Skills sponsorship for company employees

Skills sponsorship is a donation in kind: for a company, it is a matter of making employees available to an organization of general interest, who will mobilize their skills or their workforce for a time.

Article 238 bis of the CGI provides that payments made by companies under sponsorship lead to a tax reduction equal to 60% of the amount paid within the limit of 0.5% of turnover excluding tax.

The assessment of the value of the donation giving rise to the right to the tax reduction is equal to the cost price of the service or provision. The evaluation is simple to establish since it is the cost of the gross hourly wage to which must be added the social security contributions multiplied by the number of hours.

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