On 5. June 2024 the German government announced that the VAT rate for art galleries and dealers will be reduced from to 7 %. This change applies from January 2025.
For the past ten years German galleries have been fighting to reduce the VAT rate for Galleries and Art dealers, and it has finally been a success. In 2014 the VAT of 7 % has been raised to 19 % for Galleries and art dealers, but for artists and direct sales it …
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Image above: Courtesy Bundesverband Deutscher Galerien und Kunsthändler