irl1
Full Member
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December 2017
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New U.S tax on prints photos e.t.c October 18th, by irl1 on Oct 20, 2019 18:22:02 GMT 1, The U.S. will tax imports of certain prints and photographs from the U.K. and Germany
New import tariffs resulting from a 15-year trade dispute between the United States and the European Union could impact certain types of photographs and prints. The tariffs, scheduled to go into effect on October 18th, will put an extra "25 percent tax" on U.K. or German lithographs on paper or paperboard and pictures, designs, and photographs that were printed within the last 20 years. The duties also extend to printed books, brochures, leaflets, and single sheet printed matter from those countries. Import costs associated with the taxes could be passed on to buyers.
www.artsy.net/news/artsy-editorial-will-tax-imports-prints-photographs-uk-germany
The U.S. will tax imports of certain prints and photographs from the U.K. and Germany
New import tariffs resulting from a 15-year trade dispute between the United States and the European Union could impact certain types of photographs and prints. The tariffs, scheduled to go into effect on October 18th, will put an extra "25 percent tax" on U.K. or German lithographs on paper or paperboard and pictures, designs, and photographs that were printed within the last 20 years. The duties also extend to printed books, brochures, leaflets, and single sheet printed matter from those countries. Import costs associated with the taxes could be passed on to buyers.
www.artsy.net/news/artsy-editorial-will-tax-imports-prints-photographs-uk-germany
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GMA
Junior Member
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October 2015
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New U.S tax on prints photos e.t.c October 18th, by GMA on Oct 20, 2019 18:33:28 GMT 1, Good old USA.
Good old USA.
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Jaylove
Junior Member
🗨️ 1,599
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November 2016
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New U.S tax on prints photos e.t.c October 18th, by Jaylove on Oct 20, 2019 18:36:47 GMT 1, Gyatdayum! Guess prices from US sellers will be creeping up. That’s a huge chunk.
Gyatdayum! Guess prices from US sellers will be creeping up. That’s a huge chunk.
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New U.S tax on prints photos e.t.c October 18th, by Adam The Collector on Oct 20, 2019 18:38:09 GMT 1, What a bunch of garbage
What a bunch of garbage
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dilu
New Member
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November 2010
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New U.S tax on prints photos e.t.c October 18th, by dilu on Oct 20, 2019 18:40:18 GMT 1, Hot damn and I am hoping to buy the next Obey print from the 89 edition. Looks like Trumps come up with another reason to dislike his tan!
Hot damn and I am hoping to buy the next Obey print from the 89 edition. Looks like Trumps come up with another reason to dislike his tan!
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GMA
Junior Member
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October 2015
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New U.S tax on prints photos e.t.c October 18th, by GMA on Oct 20, 2019 18:56:04 GMT 1, Its imports though, not exports. So if youre buying from the states youre fine, if youre im the states buying from outside ya stuffed
Its imports though, not exports. So if youre buying from the states youre fine, if youre im the states buying from outside ya stuffed
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irl1
Full Member
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December 2017
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New U.S tax on prints photos e.t.c October 18th, by irl1 on Oct 20, 2019 19:03:20 GMT 1, Its imports though, not exports. So if youre buying from the states youre fine, if youre im the states buying from outside ya stuffed
Imagine being in the U.S trying to buy one of these from an auction
25% buyers premium then 25% import duty 
Its imports though, not exports. So if youre buying from the states youre fine, if youre im the states buying from outside ya stuffed Imagine being in the U.S trying to buy one of these from an auction 25% buyers premium then 25% import duty |
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lee3
New Member
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November 2009
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New U.S tax on prints photos e.t.c October 18th, by lee3 on Oct 20, 2019 19:04:05 GMT 1, I was reading a few articles on this last week. The article linked below dives a bit deeper and as a casual observer, I'm reassured by the final comment from an expert in the matter:
www.artnews.com/2019/10/11/tariff-contemporary-art-germany-united-kingdom/
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irl1
Full Member
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December 2017
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New U.S tax on prints photos e.t.c October 18th, by irl1 on Oct 20, 2019 19:13:31 GMT 1, Thanks for posting
Yes i think this will be changed very quickly. Might last a few months but coming in at the worst time of the year for auction houses. From now until December is one of their busiest times of the year
Thanks for posting Yes i think this will be changed very quickly. Might last a few months but coming in at the worst time of the year for auction houses. From now until December is one of their busiest times of the year |
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cest
Junior Member
🗨️ 1,725
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September 2018
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New U.S tax on prints photos e.t.c October 18th, by cest on Oct 20, 2019 19:34:39 GMT 1, I had a Banksy print just hit the US on Friday. It's held up at Customs right now from what I understand. I very much hope it is not going to take 25% to get it out....
I had a Banksy print just hit the US on Friday. It's held up at Customs right now from what I understand. I very much hope it is not going to take 25% to get it out....
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New U.S tax on prints photos e.t.c October 18th, by Con Art Studio on Oct 20, 2019 19:42:20 GMT 1, I had a Banksy print just hit the US on Friday. It's held up at Customs right now from what I understand. I very much hope it is not going to take 25% to get it out....
that tariff specifically mentions lithographs and photographs, a silk screen print is neither. That’s probably why the article’s title says “some prints,” seems that serigraphs are not included in this tariff
I had a Banksy print just hit the US on Friday. It's held up at Customs right now from what I understand. I very much hope it is not going to take 25% to get it out.... that tariff specifically mentions lithographs and photographs, a silk screen print is neither. That’s probably why the article’s title says “some prints,” seems that serigraphs are not included in this tariff |
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pellets
New Member
🗨️ 758
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October 2018
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New U.S tax on prints photos e.t.c October 18th, by pellets on Oct 20, 2019 19:49:50 GMT 1, Many of Trumps tariffs have been reversed/relaxed pretty quickly once its realised that they’re more detrimental to the US. So hopefully this wont last long.
Many of Trumps tariffs have been reversed/relaxed pretty quickly once its realised that they’re more detrimental to the US. So hopefully this wont last long.
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dogstar
New Member
🗨️ 665
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October 2017
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New U.S tax on prints photos e.t.c October 18th, by dogstar on Oct 20, 2019 19:54:13 GMT 1, I had a Banksy print just hit the US on Friday. It's held up at Customs right now from what I understand. I very much hope it is not going to take 25% to get it out....
I had a Banksy print just hit the US on Friday. It's held up at Customs right now from what I understand. I very much hope it is not going to take 25% to get it out.... Welcome to our world. |
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irl1
Full Member
🗨️ 9,274
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December 2017
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New U.S tax on prints photos e.t.c October 18th, by irl1 on Oct 20, 2019 19:56:44 GMT 1, I had a Banksy print just hit the US on Friday. It's held up at Customs right now from what I understand. I very much hope it is not going to take 25% to get it out....
Well if it hit the U.S on Friday that was the 18th you purchased it before then so you have a case
I had a Banksy print just hit the US on Friday. It's held up at Customs right now from what I understand. I very much hope it is not going to take 25% to get it out.... Well if it hit the U.S on Friday that was the 18th you purchased it before then so you have a case |
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Jaylove
Junior Member
🗨️ 1,599
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November 2016
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New U.S tax on prints photos e.t.c October 18th, by Jaylove on Oct 20, 2019 19:59:14 GMT 1, I had a Banksy print just hit the US on Friday. It's held up at Customs right now from what I understand. I very much hope it is not going to take 25% to get it out.... Welcome to our world.
Exactly. As a Canadian not only do we not have a source for any art, we have to buy online and the shipping is high, then the duty just kills it. Not fun at all, but that's life for us. Wouldn't dare buying a big ticket item. The duty would be crippling.
I had a Banksy print just hit the US on Friday. It's held up at Customs right now from what I understand. I very much hope it is not going to take 25% to get it out.... Welcome to our world. Exactly. As a Canadian not only do we not have a source for any art, we have to buy online and the shipping is high, then the duty just kills it. Not fun at all, but that's life for us. Wouldn't dare buying a big ticket item. The duty would be crippling. |
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irl1
Full Member
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December 2017
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New U.S tax on prints photos e.t.c October 18th, by irl1 on Oct 20, 2019 20:06:12 GMT 1, Exactly. As a Canadian not only do we not have a source for any art, we have to buy online and the shipping is high, then the duty just kills it. Not fun at all, but that's life for us. Wouldn't dare buying a big ticket item. The duty would be crippling.
I posted a few Banksy prints in Canada over the last 12 months. Also last year one Canadian auction house had a Girl With Balloon.
They do come up over there from time to time. If i see anymore ill make sure its posted in its own thread 
Exactly. As a Canadian not only do we not have a source for any art, we have to buy online and the shipping is high, then the duty just kills it. Not fun at all, but that's life for us. Wouldn't dare buying a big ticket item. The duty would be crippling. I posted a few Banksy prints in Canada over the last 12 months. Also last year one Canadian auction house had a Girl With Balloon. They do come up over there from time to time. If i see anymore ill make sure its posted in its own thread |
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cest
Junior Member
🗨️ 1,725
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September 2018
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New U.S tax on prints photos e.t.c October 18th, by cest on Oct 21, 2019 0:57:17 GMT 1, Many of Trumps tariffs have been reversed/relaxed pretty quickly once its realised that they’re more detrimental to the US. So hopefully this wont last long.
So when you say reversed, does that mean I get my money back?
Many of Trumps tariffs have been reversed/relaxed pretty quickly once its realised that they’re more detrimental to the US. So hopefully this wont last long. So when you say reversed, does that mean I get my money back? |
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cest
Junior Member
🗨️ 1,725
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September 2018
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New U.S tax on prints photos e.t.c October 18th, by cest on Oct 21, 2019 2:08:43 GMT 1, 10% is fine... 25 is insane
So there is some mention that these tarrifs is for resellers. Any truth to this?
10% is fine... 25 is insane
So there is some mention that these tarrifs is for resellers. Any truth to this?
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New U.S tax on prints photos e.t.c October 18th, by touchdowntodd on Oct 21, 2019 2:19:20 GMT 1, Form a better relationship with your galleries so you can avoid anything regardless.. as the law sits now it's 10% on anything worth over 2.5k I believe Every gallery I've talked to has had no issue putting value at a few hundred, even on 4-5k pieces.. even print houses I've yet to get any import tax on anything All good until something is damaged in transit, and there's a question mark about insured value vs declared value. If you can afford to buy artwork for more than 2.5k, you can afford to pay the 10% tax. Rather than trying to avoid it, perhaps consider paying it. Do you under-declare your earnings in order to avoid paying other taxes that are due? (Not particularly aimed at you, and just playing devil's advocate really. I have no strong feelings about whether you pay your tax or not - I always feel good about paying mine, but we're all different).
Pay all mine always
But I have collector insurance that covers shipping .... Shipping declaration doesn't matter when invoice and market value are used as coverage. every piece I get includes a full price invoice digital and paper shipped to me
I see no reason for this added tax.. I'm not buying to sell. When I sell I pay income tax.. no point in being hit twice
Form a better relationship with your galleries so you can avoid anything regardless.. as the law sits now it's 10% on anything worth over 2.5k I believe Every gallery I've talked to has had no issue putting value at a few hundred, even on 4-5k pieces.. even print houses I've yet to get any import tax on anything All good until something is damaged in transit, and there's a question mark about insured value vs declared value. If you can afford to buy artwork for more than 2.5k, you can afford to pay the 10% tax. Rather than trying to avoid it, perhaps consider paying it. Do you under-declare your earnings in order to avoid paying other taxes that are due? (Not particularly aimed at you, and just playing devil's advocate really. I have no strong feelings about whether you pay your tax or not - I always feel good about paying mine, but we're all different). Pay all mine always But I have collector insurance that covers shipping .... Shipping declaration doesn't matter when invoice and market value are used as coverage. every piece I get includes a full price invoice digital and paper shipped to me I see no reason for this added tax.. I'm not buying to sell. When I sell I pay income tax.. no point in being hit twice |
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New U.S tax on prints photos e.t.c October 18th, by touchdowntodd on Oct 21, 2019 2:22:40 GMT 1, And yes, this looks to be aimed at the seller, or reseller. According to info I've seen, this will effect galleries, etc not consumers buying from those countries.. and the art itself must be made in those countries, not simply sold in them
And yes, this looks to be aimed at the seller, or reseller. According to info I've seen, this will effect galleries, etc not consumers buying from those countries.. and the art itself must be made in those countries, not simply sold in them
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Jaylove
Junior Member
🗨️ 1,599
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November 2016
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New U.S tax on prints photos e.t.c October 18th, by Jaylove on Oct 21, 2019 3:05:27 GMT 1, Exactly. As a Canadian not only do we not have a source for any art, we have to buy online and the shipping is high, then the duty just kills it. Not fun at all, but that's life for us. Wouldn't dare buying a big ticket item. The duty would be crippling. I posted a few Banksy prints in Canada over the last 12 months. Also last year one Canadian auction house had a Girl With Balloon. They do come up over there from time to time. If i see anymore ill make sure its posted in its own thread
Just in general though. It's hard for us to get anything here without paying a lot more than retail. But hey, it's an expensive hobby so no tears here. I'm just very selective of what I buy and make sure it's coming via mail and not courier if it's outside the country.
Exactly. As a Canadian not only do we not have a source for any art, we have to buy online and the shipping is high, then the duty just kills it. Not fun at all, but that's life for us. Wouldn't dare buying a big ticket item. The duty would be crippling. I posted a few Banksy prints in Canada over the last 12 months. Also last year one Canadian auction house had a Girl With Balloon. They do come up over there from time to time. If i see anymore ill make sure its posted in its own thread Just in general though. It's hard for us to get anything here without paying a lot more than retail. But hey, it's an expensive hobby so no tears here. I'm just very selective of what I buy and make sure it's coming via mail and not courier if it's outside the country. |
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cest
Junior Member
🗨️ 1,725
👍🏻 1,160
September 2018
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New U.S tax on prints photos e.t.c October 18th, by cest on Oct 21, 2019 4:06:33 GMT 1, So, here is the literature strwight from the customs documentation get an extra 25% tarrifs
4911.91.20
Lithographs on paper or paperboard, not over 0.51 mm in thickness, printed not over 20 years at
time of importation
4911.91.30
Lithographs on paper or paperboard, over 0.51 mm in thickness, printed not over 20 years at time
of importation
4911.91.40
Pictures, designs and photographs, excluding lithographs on paper or paperboard, printed not over
20 years at time of importation
8429.52.10
Self-propelled backhoes, shovels, clamshells and draglines with a 360 degree revolving
superstructure
8429.52.50
Self-propelled machinery with a 360 degree revolving superstructure, other than backhoes,
So, here is the literature strwight from the customs documentation get an extra 25% tarrifs
4911.91.20
Lithographs on paper or paperboard, not over 0.51 mm in thickness, printed not over 20 years at
time of importation
4911.91.30
Lithographs on paper or paperboard, over 0.51 mm in thickness, printed not over 20 years at time
of importation
4911.91.40
Pictures, designs and photographs, excluding lithographs on paper or paperboard, printed not over
20 years at time of importation
8429.52.10
Self-propelled backhoes, shovels, clamshells and draglines with a 360 degree revolving
superstructure
8429.52.50
Self-propelled machinery with a 360 degree revolving superstructure, other than backhoes,
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berlin20
New Member
🗨️ 331
👍🏻 217
April 2014
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New U.S tax on prints photos e.t.c October 18th, by berlin20 on Oct 21, 2019 8:58:49 GMT 1, Interesting read, thank you for posting irl1 and lee3
As a buyer in Germany one have to pay 19% import VAT on all art editions (prints, photographs etc.) and 7% on all original art (often 1/1 prints are not accepted as "original") coming from outside the European Union. You pay at the Customs office, but it's not considered as "customs duties". With a trade war, the worst outcome would be to have to add another 25% customs duties beside the import VAT.
The import VAT is the reason I rarely buy prints from the States, it's enough to have to pay 7% after a queue of two hours for originals.
Interesting read, thank you for posting irl1 and lee3As a buyer in Germany one have to pay 19% import VAT on all art editions (prints, photographs etc.) and 7% on all original art (often 1/1 prints are not accepted as "original") coming from outside the European Union. You pay at the Customs office, but it's not considered as "customs duties". With a trade war, the worst outcome would be to have to add another 25% customs duties beside the import VAT. The import VAT is the reason I rarely buy prints from the States, it's enough to have to pay 7% after a queue of two hours for originals. |
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tab1
Full Member
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September 2011
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New U.S tax on prints photos e.t.c October 18th, by tab1 on Oct 23, 2019 8:51:20 GMT 1, I had a Banksy print just hit the US on Friday. It's held up at Customs right now from what I understand. I very much hope it is not going to take 25% to get it out....
ouch
I had a Banksy print just hit the US on Friday. It's held up at Customs right now from what I understand. I very much hope it is not going to take 25% to get it out.... ouch |
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quinn
Junior Member
🗨️ 1,318
👍🏻 1,600
December 2017
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New U.S tax on prints photos e.t.c October 18th, by quinn on Oct 28, 2019 13:46:58 GMT 1, Does anyone know what the rough customs charges from China to the uk for a piece that is valued at £300? I know there’s a thread somewhere but I can’t find it. Any info would be appreciated.
Thanks Q.
Does anyone know what the rough customs charges from China to the uk for a piece that is valued at £300? I know there’s a thread somewhere but I can’t find it. Any info would be appreciated.
Thanks Q.
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robo
Junior Member
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November 2006
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New U.S tax on prints photos e.t.c October 18th, by robo on Oct 28, 2019 15:49:25 GMT 1, Sadly an effect of this will be to depress the global value of artworks where the US is a primary or important market, since the US tax man is taking 25% of whatever a US buyer spends. This likely applies to street art and Western contemporary art.
Sadly an effect of this will be to depress the global value of artworks where the US is a primary or important market, since the US tax man is taking 25% of whatever a US buyer spends. This likely applies to street art and Western contemporary art.
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irl1
Full Member
🗨️ 9,274
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December 2017
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New U.S tax on prints photos e.t.c October 18th, by irl1 on Oct 28, 2019 16:06:05 GMT 1, Sadly an effect of this will be to depress the global value of artworks where the US is a primary or important market, since the US tax man is taking 25% of whatever a US buyer spends. This likely applies to street art and Western contemporary art.
Give it a few months and it will be scrapped
Sadly an effect of this will be to depress the global value of artworks where the US is a primary or important market, since the US tax man is taking 25% of whatever a US buyer spends. This likely applies to street art and Western contemporary art. Give it a few months and it will be scrapped |
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irl1
Full Member
🗨️ 9,274
👍🏻 9,381
December 2017
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New U.S tax on prints photos e.t.c October 18th, by irl1 on Oct 28, 2019 16:27:50 GMT 1, Does anyone know what the rough customs charges from China to the uk for a piece that is valued at £300? I know there’s a thread somewhere but I can’t find it. Any info would be appreciated. Thanks Q.
I tried to work it out on this and it came to £72.60 see what you get
Use this quick tool to calculate import duty & taxes for hundreds of destinations worldwide
www.simplyduty.com/import-calculator/
Does anyone know what the rough customs charges from China to the uk for a piece that is valued at £300? I know there’s a thread somewhere but I can’t find it. Any info would be appreciated. Thanks Q. I tried to work it out on this and it came to £72.60 see what you get Use this quick tool to calculate import duty & taxes for hundreds of destinations worldwide www.simplyduty.com/import-calculator/ |
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sgolby
Junior Member
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November 2012
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New U.S tax on prints photos e.t.c October 18th, by sgolby on Oct 28, 2019 16:37:44 GMT 1, It is a terrible Tariff and incredibly vague, it seems. However, it does say printed matter in single sheets which would suggest any type of poster or print, which is why I don't quite understand why they would single out lithographs.
If they want to hit the EEC with 7.5 billion in revenge tariffs, why not do it on things which could actually makeup the difference. I highly doubt that the Germans and British are printing that many books or selling that much art that an actual dent would be made.
S
It is a terrible Tariff and incredibly vague, it seems. However, it does say printed matter in single sheets which would suggest any type of poster or print, which is why I don't quite understand why they would single out lithographs.
If they want to hit the EEC with 7.5 billion in revenge tariffs, why not do it on things which could actually makeup the difference. I highly doubt that the Germans and British are printing that many books or selling that much art that an actual dent would be made.
S
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robo
Junior Member
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November 2006
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New U.S tax on prints photos e.t.c October 18th, by robo on Oct 28, 2019 16:42:25 GMT 1, However, it does say printed matter in single sheets which would suggest any type of poster or print, which is why I don't quite understand why they would single out lithographs.
I think it's most likely to cover all prints, not just lithos.
However, it does say printed matter in single sheets which would suggest any type of poster or print, which is why I don't quite understand why they would single out lithographs. I think it's most likely to cover all prints, not just lithos. |
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