In the case of cultural patronage, the 2003 law on patronage allows you to benefit from a corporate tax reduction of 60% of the amount of your donation, up to a limit of 0.5% of sales excluding VAT. If this limit is exceeded, the excess can be carried forward for up to five years.
Your company also benefits from compensation in the form of communication and public relations operations representing up to 25% of the amount of your support.
Since French Finance Act no. 2019-1479 of December 28, 2019, SME and VSE companies now benefit from a new ceiling of €20,000. This alternative ceiling applies to payments made during financial years ending on or after December 31, 2020. The ceiling of 0.5% of sales excluding VAT remains applicable if it is more advantageous.