EU art tax criticised by dealers

"'Droit de suite' provides artists - or their heirs within 70 years of their death - with a percentage of the re-sale price of their work.

The 70-year limit was introduced in 2006, but the UK delayed it till 2012.

Dealers complain that it has created a competitive disadvantage as countries such as China and the US do not pay it."  [Read Full Article]

Published by:  BBC News
On:  12/18/11
Website:  http://www.bbc.co.uk

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