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Works Of Art

Volume 933: debated on Monday 13 June 1977

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asked the Chancellor of the Exchequer whether he will furnish a list of those EEC countries which operate a tax on the export of antiques and works of art to non-EEC countries and indicate the rates.

From the information available I understand that only Italy operates a tax on exports of antiques and works of art to non-EEC countries. The rates of tax are as follows:

Value of item(Lire)Rate (per cent.)
Up to 1,000,0008
From 1,000,001 to 6,000,000 …15
From 6,000,001 to 21,000,00025
More than 21,000,000…30
Works of art by living artists and items not more than 50 years old are not taxed on export.