By Ramiro Mendes via Unsplash

Taxes You’ll Have to Pay when Purchasing or Selling Art

Buying an artwork or selling one from an existing collection can be a long process with lots of factors that can affect the final price. One of them is taxes. Various taxes can significantly raise the price of art you are looking to buy or sell. That's why we composed a list of several different taxes you need to consider before purchasing or selling an art piece.