Keep in mind
There are many types of financial assistance granted by various public authorities - subsidies, grants, premiums, State intervention, allowances, endowments, etc. - and they represent a very large financial amount and reach almost all sectors of activity.
However, even if the granting of subsidies is a common practice, the tax consequences of this practice, particularly in terms of VAT, remain largely unknown.
It is in an association's best interest to have a good grasp of the VAT implications of the subsidies it receives. Indeed, tax authorities know the issue well and will either subject the amount of the grant to VAT (which will reduce the amount that can actually be used by the association) or limit the right to deduct VAT on the costs related to the activity covered by the subsidy.