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.
Anon sale, Sotheby's, London, November 5, 1988 lot 16.
with Ackermann and Johnson, London.
Anon. sale, Christie's New York, 1 December 1999, lot 147 (107,000 USD to the present owner)