Published on
Jun 23, 2025
‘Momentous’: Italy to slash art VAT to 5%, the lowest rate in the EU
In an eagerly anticipated volte-face, Italian lawmakers will reduce VAT on art sales from 22%, the highest rate in Europe, to 5%, its lowest. The decision, approved in a 20 June cabinet meeting and announced by Italy's culture minister Alessandro Giuli …
Source:
The Art Newspaper
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