Italy slashes VAT on Art Sales from 22% to 5%
June 24 2025
Posted by Adam Busiakiewicz:
News from Italy that that the Italian Government have agreed to slash VAT on Art Sales from 22% to 5%. The initiative appears to be an attempt to encourage growth in the arts sector. However, as the article above makes clear, the 'strict legislation regulating the trade of cultural goods' remains very much in force (and thus not particularly helpful for the sale of valuable Old Masters, for example).
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