Works of art
Tax deduction for the purchase of works of art
Verified on 18 November 2020 - Directorate of Legal and Administrative Information (Prime Minister)
A business that purchases original works by living artists for public display can deduct the purchase price from its taxable income. This is also the case for the purchase of musical instruments intended to be loaned to artists. However, these works or instruments must meet certain conditions.
In addition to this, you need to know more about it.
Note: the limit of € 10,000 applies to payments made during fiscal years ending on or after December 31, 2019.