To be entitled to a tax deduction, subscriptions whose
total amount per program per year exceed €500,000,
must have been given prior approval from the Executive
Council of the
This approval process applies regardless of the amount
for investments in transportation, recreational boating,
agriculture, sea fishing and aquaculture, the coal and steel
industries, shipbuilding, synthetic fibers, the automotive
industry or the renovation and rehabilitation of classified
hotels, tourist residences and holiday villages or firms in
difficulty, or which are necessary for the operating of an
industrial or commercial local public service concession.
Approval is granted if the program presents an economic
interest for the
, if it allows the creation or
maintenance of jobs in Saint-Martin and is in line with
spatial planning and environmental policy.
These fiscal arrangements apply to investments and
sales made up to 31 December 2020.
COMPLIANCE WITH EU REGULATIONS ON STATE AID.
Eligibility for these tax assistance schemes, registered
by the Commission under reference SA.39295 (2014 / X)
and exempt from the notification requirement concerning
regional aid by virtue of the possibilities offered by the
General Block Exemption Regulation N° 651/2014 of 17
June 2014, is subject to compliance with that regulation.
MARCH 2015 EDITION
GENEROUS TAX INCENTIVES