- A revision of the taxable base seems necessary
- Article 9 of DL 95/2025 introduced a 5 percent VAT rate for the general sale of art, antiques, and collectibles
- Previously, the reduced rate was 10 percent and limited to imports or sales by the creators or their heirs
- The 5 percent rate is now available under specific conditions outlined in Table A, part II-bis, attached to DPR 633/72
- The reduced rate requires exclusion from the margin scheme as specified in the mentioned provision
Source: eutekne.info
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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