1 August 2024
Luxembourg confirmed that from 1 January 2025, it will reduce the VAT rate on works of art from 17% to 8%.
Luxembourg joins many other EU member states who have already applied the reduced VAT rate on the sale of artwork, including Germany (7%), France (5.5%), and Belgium (6%).
Are you trading globally? Whether you require basic VAT advice or specific VAT compliance support, Fiscal Solutions can help. Our team of multi-lingual experts are knowledgeable in all the different VAT rules in Europe and around the world.
We help you simplify today’s complexities and address tomorrow’s challenges. The values we represent, and our consistent advice, mean you can trust Fiscal Solutions to do the right thing – for you and your organisation.
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