Sale: 503 / Post War / Contemporary Art II, July 17. 2020 in Munich Lot 120000345

 
120000345
Tal R
T, 2001.
Oil on canvas
Estimate:
€ 9,000 - 12,000

 
$ 10,260 - 13,680

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Lot description
T. 2001.
Oil on canvas.
Verso of the canvas signed, dated and titled. 73 x 92 cm (28.7 x 36.2 in). [CH].

PROVENANCE: Private collection Switzerland.

 


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Buyer's premium, taxation and resale right apportionment for Tal R "T"
This lot can be subjected to differential taxation plus a 7% import tax levy (saving approx. 5 % compared to regular taxation) or regular taxation.

Differential taxation:
Hammer prices up to € 500,000: 32 % buyer's premium
Hammer prices above € 500,000: for the share up to € 500,000: 32%, for the share above € 500,000: 27% buyer's premium
The buyer's premium contains VAT, however, it is not shown.

Regular taxation:
Hammer prices up to € 500,000: 25 % buyer's premium plus statutory sales tax Hammer prices above € 500,000: for the share up to € 500,000: 25%, for the share above € 500.000: 20% buyer's premium, each plus statutory sales tax

We kindly ask you to notify us before invoicing if you wish to be subject to regular taxation.

Resale right apportionment:
Objects made by artists who have not died at least 70 years ago are subject to a resale right apportionment of 1.5% plus statutory sales tax.