Sponsorship threatened by a report from the Inspectorate of Finance

The trash bins of the French Republic are, fortunately, full of reports whose proposals were never implemented. One can hope it will be the same for the one by the Inspectorate General of Finance, recently revealed by Le Parisien [1], at least regarding the measures affecting sponsorship, whether by companies or individuals.

That the question of abuse must be raised is certainly legitimate. But throwing the baby out with the bathwater, as Bercy officials appear to suggest, would be a cure worse than the disease.

Let us first recall that tax deductions, when used normally, are not “tax loopholes.” They do not reduce taxes; on the contrary, they encourage donors to pay more. We wrote this more…