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Associations: tax assistance for donations in Bercy's sights

Associations: tax assistance for donations in Bercy's sights

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Secours Populaire takes thousands of families on vacation every year. Sébastien Courdji / La Voix du Nord/MaxPPP
A report submitted to the government recommends saving money by cutting tax incentives for nonprofit donations. The sector, already struggling after subsidy cuts, fears a shockwave.

Is this really a serious option? While the government has announced that it wants to make savings of 40 billion euros in the next budget, the newspaper Le Parisien reported on Friday, July 4, a report commissioned by former Prime Minister Michel Barnier from the General Inspectorate of Finance and the General Inspectorate of Education, Sport, and Research to find savings of one to three billion euros in the 49 billion euros of public spending on charities. Submitted in May to the Bayrou government, this document recommends, in particular, cutting the approximately 3.5 billion euros in tax breaks granted by donations to charities, to the tune of 450 million euros.

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