Artwork
Germany cuts VAT on artwork sales to 7%.Josie Thaddeus-Johns
In a significant move to support the cultural sector, the German government has announced a reduction in the VAT rate on artwork sales from 19% to 7%. This change, set to take effect in January 2025, marks a pivotal shift in policy aimed at bolstering galleries and art dealers throughout the country.
The initiative reverses a decision made 10 years ago when the tax benefit was removed for dealers following an EU directive. Currently, only direct sales made by artists are eligible for the reduced, 7% rate—beginning January 2025, this will be extended to gallery sales, too.
Read more: https://www.artsy.net/article/artsy-editorial-germany-cuts-vat-artwork-sales-7
Albasir Industries Pvt. Ltd. stands as a beacon for the rich cultural heritage of Kashmir, offering a diverse range of high-quality Kashmiri products to customers both in India and across the globe.
With a steadfast commitment to preserving and promoting the region’s age-old artisanal traditions, Albasir Industries has become a distinguished name in the world of luxury Kashmiri craftsmanship.
At its heart, Albasir’s mission is not merely commercial it is driven by a deep respect for the heritage of Kashmir.
The Pakistan National Council of the Arts (PNCA) and Lahore College for Women University (LCWU) inaugurated a captivating painting exhibition on Wednesday at the Shakir Ali Museum in Lahore, showcasing the work of LCWU’s Visual Arts department students.
The exhibition, part of the final thesis for the Bachelor of Fine Arts qualification, was inaugurated by Vice Chancellor Prof. Dr. Uzma Quraishi, with faculty members and students in attendance.
The curated exhibition features the artworks of three up-and-coming London-based contemporary artists making their debut in South-East Asia. Max Boyla – image courtesy of Moriah Ogunbiyi
Art Works Gallery continues its visionary mission to support the promising careers of exceptional young talents with an upcoming exhibition dubbed Perception. Perception aims to answer the question of how three young London-based contemporary visual artists articulate (or “perceive”) the visual representation of reality on the surface of their canvases. Running from 24 October to 24 November at One Holland Village, visitors will be allowed an insight into how each of the three artists — Araminta Blue, Callum Harvey and Max Boyla — offers a distinct response through their unique practice, challenging conventional notions of form, space and meaning.
