Art tax.

Art tax. - 1999 - Independent on Sunday 20 June 1999, 11 Daily Telegraph 21 June 1999, 8 Guardian 22 June 1999, 21(2) .

The UK government has persuaded the EU's Internal Market Council to indefinitely postpone proposals for a droit de suite levy on the sale of art works. This would give artists and their heirs a percentage of the resale price of their works. Art dealers believe the levy would cause the market to migrate elsewhere.


TAXATION
INHERITANCE