5% VAT: A HISTORIC TURNING POINT FOR THE ITALIAN ART MARKET
As of July 1st, 2025, the Italian art market takes a major leap forward. It’s official: VAT on artworks, collectibles and antiques has been reduced from 22% to 5%. A long-awaited reform welcomed by art galleries, artists, and collectors, who now see Italy as a more fertile ground for investing in, acquiring, and promoting art. […]