Works Of Art - Works Of Art
- Rate:
Reduced
Click on this link for the current and historic VAT rates.- Value-Added Tax Consolidation Act 2010 (VATCA 2010) Ref:
Section: 46(1)(c)
Schedule: 3
Paragraph: 23- Order:
- Remarks:
(1)) However, where sold under the margin scheme or special auction scheme, such works are liable at the Standard rate on the margin. 2) Schedule 5 works of art liable at the Reduced rate at importation & in circumstances of Section 48(1). (3) Other circumstances rate varies.
- Decision:
- Reference: