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.
VAT rate of 17.5% is payable on hammer price plus buyer's premium.
Artist's Resale Right ("Droit de Suite"). Artist's Resale Right Regulations 2006 apply to this lot, the buyer agrees to pay us an amount equal to the resale royalty provided for in those Regulations, and we undertake to the buyer to pay such amount to the artist's collection agent.
Post Lot Text
"It sounds really pessimistic...I think I've got an obsession with death, but I think it's like celebration of life rather that something morbid. You can't have one without the other."