LAFA Welcomes the Government’s Initiative to Adopt a Reduced VAT Rate of 8% on Art Sales
TaxationOn June 26, the Luxembourg Government Council approved a bill to apply a reduced VAT rate of 8% on t…
The Luxembourg Association for Art Galleries and Practitioners, also known as LAFA, is a non-profit organisation that serves as the unifying force for all facets of the art market industry. From esteemed local galleries to specialists law firms, art advisors, bank offering secured lending or private wealth management services, art advisors and fine art storage and logistics companies, our federation represents all players involved in art transactions and art collection management in Luxembourg. With a membership boasting 18 entities, it is also the authoritative voice driving innovation and integrity within the community. Whether you’re seeking representation, expertise, or inspiration, our organisation offers unparalleled support and resources to elevate your endeavours.
On June 26, the Luxembourg Government Council approved a bill to apply a reduced VAT rate of 8% on t…
In response to the evolving landscape of cultural institutions, the Luxembourg Ministry of Culture h…