Will the sale of works of art always be subject to taxation?
Art lovers can often impress us with an extensive collection that they have been completing for years. They complete items of their collections during auctions, purchase works of art directly from creators, search for them in antique shops or receive them as gifts. Private collections have material, sentimental and collector value for them. But what happens when as a result of their life situation collectors are forced to sell works? How will they be able to sell them? Will they pay tax on this account?
Olga Sulewska from the GWW private client advisory team answers these questions: http://lexplorers.pl/czy-zbywanie-dziel-sztuki-zawsze-bedzie-opodatkowane/
Related posts
NSA RULING: Aircraft engine servicing – fuel exempt for MRO services
NSA RULING: Aircraft engine servicing – fuel exempt for MRO servicesInheritance from a collector: taxation of the sale of art collections and collectibles
Inheritance from a collector: taxation of the sale of art collections and collectibles
Withholding tax on intermediary services – change in the approach of the Supreme Administrative Court
legal alerts Withholding tax on intermediary services – change in the approach of the Supreme Administrative Court
Withholding tax on intermediary services – change in the approach of the Supreme Administrative CourtVAT on loans. Did the taxpayer want to use the directive against Polish regulations?
VAT on loans. Did the taxpayer want to use the directive against Polish regulations?Concerned about
missing out
on key legal
developments?