ATG letter: Your ARR review missed out exemption at auctions
MADAM – What wasn’t mentioned in your review of Artist’s Resale Right (ARR) in ATG No 2404 is that the ‘first sale’ exemption also applies to auction houses, so any lots from a studio sale which make over €1000 are exempt from ARR.
However, I fear this is not being adhered to by all auction houses, and that some buyers are payin…