Articoli taggati con ‘tax incentives’

Tafterjournal n. 98 - GENNAIO FEBBRAIO 2018

Taxation, a driver for the Art Market

di Federico Solfaroli Camillocci

The Italian art market grows poorly and, in any case, more slowly than the world market. One of the reasons for this stagnation is undoubtedly the presence of an anachronistic tax legislation that seems to respond to mere revenue logics. By contrast, an equal and forward-looking tax system of the art market could be instrumental in making a significant contribution to circulating works of art and offering new growth opportunities. Tax policies may be an effective instrument to support the cultural activities of individuals or entities by means of incentives and a favourable tax regime. If the main purpose of a tax system is to earn revenues, this does not prevent the governments from lawfully pursuing objectives not having a strictly fiscal character but rather a social or an economic nature at the same time. The tax regime of the art market gives origin to different issues in accordance with the diversified nature of acts and situations (purchases, supplies or possession of the works of art) taken into consideration by the legislator as well as with the legal form of the interested parties (natural or legal persons, VAT taxpayers or not, and so on). The main issues concern VAT, inheritance tax and income taxation.

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Tafterjournal n. 79 - gennaio 2015

The impact of globalization on cultural policy: insights and emerging trends from the International Conference on Cultural Policy Research 2014

di Giulia Lasen

This article discusses some thought-provoking papers, presented at the ICCPR2014, on the relationship between cultural policy and globalization. On the one hand, it looks at how globalization has an impact on national cultural policies with reference in particular to tax incentives for private donations and mobility schemes for artists. On the other hands, it tackles the role of cultural policy in international development, questioning the motives and methodologies applied. Finally, it opens up a space for reflection on the role of cultural policy in countries involved in the Arab Spring and which are now in the middle of establishing new sovereign nations and need to define also the role of culture in society.

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