The creative act found its extension, sponsorship, a corollary of which the company holds assets.
To benefit the deduction, the acquired work must be exhibited in a place open to public or employees, except their offices, for a period corresponding to the exercise of acquisition and during the next four years.
Sponsorship of works of living artists via direct acquisition by French companies or liberal professions entitles the sponsor to a tax reduction equal to 60% of the amount of the payments in excess of 5‰ of gross profit excluding income or corporate tax liabilities.
When the donation exceeds the 5‰ ceiling, the exceed is successively put back into the following 5 exercises and entitles a tax reduction under the same conditions after consideration of the payments of the exercise.
As a talent discoverer,
and through a long-lasting action, your company will assert a unique, commited and visionary approach.
He is a French visual artist who lives ad works in Paris.
Eric MICHEL has made numerous exhibitions in Japan where he was living until 2002. Back in France, he exhibited at the Salon de Montrouge and then in London, New York, Miami and joined the Nuit Blanche Paris 2006. His video «Swimming Fluo» was presented at the occasion of exhibition sponsored by Beijing 2008 Olympic Committee. In 2009, he created two multimedia installations for Yves Klein Archives in Paris, and for the Museum of Modern Art and Contemporary Art (MAMAC) in Nice. In 2010, he was invited to create a multimedia installation for the Marina Abramovic Institute (MAI West) in San Francisco and for the first Light Art biennale in Austria. His large scale permanent lighting installation «Les Moulins de Lumière» on a neo-industrial site has been visible every evening until midnight in the skyline north of Paris.
Following a path opened by Yves Klein, James Turrell and Dan Flavin, his work, and particularly his fluorescent neon installations and videos, creates a vibrating space, in search for immateriality.
> Article 238 bis AB of the General Code of Taxes (CGI) modified by the law n°2005-1720 of December 30th, 2005 - art. 70 JORF of December 31st, 2005