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Artist’s Resale Right’s

18 February 2012

Artist’s Resale Right’s, is it a good or bad thing, anything that appears to be another tax on the smaller Art Dealers already dwindleing income seem’s to be a bad thing. Personally I feel the threshold needs to be raised from 1000 euro’s, approx. £830 (I think this figure is correct) to around 3500 Euro’s (£2906) or abolished altogether, the better option I think!!! It is felt that the new extension to the Artist’s Resale Right in 2012 will harm an already weakened Modern Art market in Europe and the U.K., a thought that I agree on entirely.

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