ISF: what defines a vintage collector vehicle?

Private Banking - 4/20/2016

Vintage collector vehicles are currently fully exempt from the ISF wealth tax. The tax authorities nonetheless have to consider the vehicle as qualifying for exemption.

This primarily concerns vehicles which have participated in historical events, have been designed, built and used exclusively for racing, and boast a successful sporting track record at prestigious national or international events.

Vehicles satisfying all three of the following criteria also benefit from tax exemption:

  1. The vehicle must be in its original state, without any substantial modification to the chassis, body, steering system, brakes, transmission, suspension or engine. Repairs and renovation are authorised. Damaged or worn-out parts, accessories and units may be replaced, as long as the vehicle is preserved and maintained in good original condition. Modernised or modified vehicles are excluded;
  2. The vehicle must be at least thirty years old;
  3. The vehicle must be a model or type which is no longer in production.

Furthermore, the tax authorities specify that vehicles licenced as "vintage collector" vehicles are also exempt.

Extract from the official Tour Auto programme, published by Le Point on 18th April 2016


Edmond de Rothschild Group partners with the Tour Auto Optic 2ooo for the fourth consecutive year

As a partner to the event since 2013, the Edmond de Rothschild Group remains committed to the Tour Auto Optic 2ooo. This year the Group will celebrate the 25th anniversary of this unique historical racing event which draws together motor enthusiasts and collectors from around the world. The Group has 4 teams competing in the competition this year, including a team which is flying the colours of the Fondation OPEJ – Baron Edmond de Rothschild.
From 18th to 24th April 2016, Pierre Le Gloahec and Ombeline de Clermont-Tonnerre will be teaming-up to participate in the Tour Auto Optic 2ooo. For the 4th consecutive year, they will be racing under the colours of the Edmond de Rothschild Group in support of the Fondation OPEJ, driving the legendary 1959 Jaguar MK1. Their objective is to promote OPEJ and encourage donations to help children enjoy a holiday with their parents.