Cultural Promotion Regime of the City of Buenos Aires (Mecenazgo)

Where
Argentina
When
2016
Who
Operating Department of Cultural Promotion Regimes of the Ministry of Culture of the Government of the City
Key objectives of the measure:

The Cultural Promotion Regime of the City of Buenos Aires was created by law No. 2264/2006 (as amended by Law No.4.785/2013) in the year 2006.

The main purpose of the Cultural Promotion Regime ofthe City of Buenos Aires is to foster and promote private participation in the

funding of cultura l projects.

 

The cultural projects admissible for the Cultural Promotion Regime must be not for profit and relate to the research,training, dissemination,creation and production in different areas of art and culture,such as:

 

I. Theatre

II. Circus, street bands, mimes and the like. Ill. Dance.

IV. Music.

V. Literature,poet ry, narration, essays and all other forms of literary expressions. VI. Visual arts.

VII. Audiovisual arts. VIII. Crafts

IX. Cultural heritage. X. Design.

XI. Digital art.

XII. Publications,radio and TV.

XIII. Websites with artistic and cultura l contents.

Scope of the measure:
Local, Regional, International
Nature of the measure:
institutional
Main feature of the measure:

The regime allows companies and businesses taxed in the City of Buenos Aires t o allocate part of what they pay as turnover ta x directly to the cultural projects declared of int erest by the Council of C ultural Promotion and approved by the Ministry of Culture.

 

The Council is the tool that allows the State to oversee that t ax money is allocated only t o cultural projects, pursuant to the law.

Results expected through the implementation of the measure:

Over the last few years,laws have been enacted in different countries to foster private contribution to culture through tax benefits, inspired on the idea that the promotion of culture is a necessary investment for the social development of the community. The City of Buenos Aires is the first jurisdiction ofthe Argentine State to have a patronage law offering tax benefits to those who support cultural projects.

 

 

Financial resources allocated to implement the measure:

not information about

Main conclusions of the evaluation of the measure:

Over the last few years,laws have been enacted in different countries to foster private contribution to culture through tax benefits, inspired on the idea that the promotion of culture is a necessary investment for the social development of the community. The City of Buenos Aires is the first jurisdiction ofthe Argentine State to have a patronage law offering tax benefits to those who support cultural projects.

Indicators used to determine impact:
Number of participating Companies and merchant sNumber of Projects SubmittedNumber of Projects Approved
Goal(s) of UNESCO's 2005 Convention
Cultural Domain(s)
Multi-domain
Cultural Value Chain
Creation
Production
Distribution
Participation