New sales tax causes anger in art world
New sales tax causes anger in art world
- 1999
- Times 22 Febuary 1999, 8 Financial Times 25 Febuary 1999, 2 Daily Telegraph 25 February 1999, 5;26 February 1999, 6&31 DTI Press Notice (P/99/167) 25 February 1999, (7) .
A new tax which means royalties will be paid to the artist or the artist`s family every time a work is sold has appalled dealers and auctioneers. The "droit de suite" tax due to be approved by the European Commission this week is postponed.
ART MARKET
Auctioneering
DIRECTIVE 2001/84/EC
A new tax which means royalties will be paid to the artist or the artist`s family every time a work is sold has appalled dealers and auctioneers. The "droit de suite" tax due to be approved by the European Commission this week is postponed.
ART MARKET
Auctioneering
DIRECTIVE 2001/84/EC