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Some observers believe that the Chinese art Jack Vettriano baby bye bye in the past two years continuous surge in imports, the art market has become a "world first", but the collection to the state Treasury the tax is extremely few.Volume, the art of the income tax and tax are so few, can not check?
Jack Vettriano baby bye bye from www.buypaintingandframe.com
In fact, tax evasion in China art world is an open secret.In the mainland, the painter is hardly pay tax, galleries, brokerage evasion is already commonplace.
According to the relevant provisions of the tax law in our country, the artist to sell their works, as well as actors to participate in, should according to "labor remuneration income tax in accordance with the law, while the tax rate in accordance with the payable tax amount divided into ranging from 20% to 40%.But since 2006, our country executes and pay tax to the income in 120000 yuan of above their own, since few artists to point to declare tax.
Some galleries, art brokers operators say, they don't usually responsible for artists pay individual income tax.Due to long-term art since the mainland market is in the course of state survival, painters, and galleries, trading between brokers often offline trade, and business relationship between each other is not fixed, no copyright registration, did not clinch a deal the record, automatic income tax, of course, Jack Vettriano paintings are impossible.
