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Belgian Dealers Face 21% Value Added Tax On Works Of Art

Belgian Dealers Face 21% Value Added Tax On Works Of Art

by News Desk | Mar 18, 2024 | Art market news

Belgium’s vibrant art scene faces a significant threat as the Ministry of Finance proposes a drastic increase in VAT rates for works of art, potentially jeopardising the sustainability of galleries, fairs, and auction houses within the country. While France and...
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