No VAT will be charged on the hammer price, but VAT at 15% will be added to the buyer's premium which is invoiced on a VAT inclusive basis.
Charles Sedelmayer; sale, Cologne, 1906.
Anonymous sale; Zürich, Koller Auktionen AG, 28 March 2003, lot 3123 (sold for 17,000 CHF).
L. Pellicer, PhD thesis, Paris University, 1982, III, no. 111a.