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Monthly Archives: September 2019

VAT applicable to works of art

Any sale of works of art is subject to a VAT regime, which varies according to the quality of the seller and his tax options. I bought a work from the artist or his rightful holders … Since January 1, 2015, sale of works of art by the artist or his rights holders is subject to a VAT rate whose rate has been reduced to 5.5%. In return, the subject artist will be able to deduct VAT from VAT, the VAT deductible on his acquisitions. The importation of work is subject vat rate of 5.5%. Artists subject to VAT benefit […]

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