Culture Undersecretary
Francesca Barracciu said Monday that the first data on a
government tax break on art-related donations are "encouraging"
but said there is "enormous room for improvement".
"The first figures on the use of the art bonus are
encouraging," Barracciu said during a presentation at the
Mantova headquarters of Confindustria, the Italian employers'
federation. "There have already been around 700 donations
amounting to more than 25 million euros, but there is enormous
room for improvement."
The so-called art bonus allows for a 65% deduction on
eligible donations in support of the country's cultural
heritage, although this is expected tp fall to 50% next year.
After Prato, Mantua is the second of four cities (the others are
Ascoli Piceno and Parma) that Barracciu will visit in the coming
weeks to highlight the government initiative.
"This is a call to businesses to invite them to consider
their social responsibility," Barracciu said. The art bonus is
an effective tool in cultural policy that, in addition to
providing resources for the arts, can stimulate the entire
economy."
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