Vat and other tax information for buyers

BUYER’S PREMIUM AND VAT
A buyer’s premium will be added to the hammer price amounting to:
- 25% up to € 250,000
- 22% on any excess amount.
These percentages shall include VAT in accordance with current regulations.

Lots marked * in the catalogue
The sale of lots marked * and subject to ordinary VAT will instead be increased as follows:
- 22% VAT on the hammer price
- 25% buyer’s premium up to € 250,000 and 22% on any excess amount

Sales carried out by virtue of mandates without the power of representation that are stipulated with VAT subjects and involve goods for which the tax has not been deducted at the moment of purchase shall be subject to the VAT Margin scheme pursuant to art. 40 b) of Italian Legislative Decree 41/95.