On 06 June 2013 at 14:00
How law could be used to develop culture: Belgian art law incentives in comparison with others countries.
Maître Alexandre Pintiaux
Some countries have enacted legislations in order to protect and develop their cultural treasures such as major pieces of art. This is supposed to promote and extend museum collections. These laws use incentives for companies and individuals among which collectors and artists’ families are especially targeted.
In Belgium, individuals and companies could act through cash donations. In some case, collectors could donate a major piece of art to a Belgian museum in exchange of tax reduction, or as a payment for succession duties. Legislation also provides incentives for companies which are active through sponsoring and patronage (the so-called “mécénat d’entreprise”).
These Belgian art law tools are linked to tax law in order to create a true fiscal incentive for donors. Nevertheless, the application of the legislation needs to fulfill several conditions or to go through administrative procedures before being complete. Furthermore, it has been recently amended in a way less attractive.
The lecture will focus on the Belgian incentives as there are currently in force, their conditions and the procedures that must be followed. Finally, it will focus on a few ways of improving the Belgian legislation. The lecture will show that cultural institutions - such as museums - could rely on those tools and link them with marketing tools…