rockbeer
New Member
๐จ๏ธ 364
๐๐ป 445
May 2006
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Help need selling my Banksy, by rockbeer on Nov 8, 2020 21:16:04 GMT 1, Certainly agree with your second point.
As for the first, even if that turned out to be the case Iโd sooner have the money stashed safe somewhere and be in a position to argue about it than left with no money, no print, and no prospect of redress.
Certainly agree with your second point.
As for the first, even if that turned out to be the case Iโd sooner have the money stashed safe somewhere and be in a position to argue about it than left with no money, no print, and no prospect of redress.
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avec art
Junior Member
๐จ๏ธ 3,727
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March 2014
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Help need selling my Banksy, by avec art on Nov 8, 2020 21:43:38 GMT 1, Most of the sellers would prefer to do Private deals to avoid paying tax but this could be more costly if the transaction goes wrong , would it not be safer for both parties to facilitate a sale through a Law firm / solicitor and split the costs ? cheaper than fees through an auction house ?
Most of the sellers would prefer to do Private deals to avoid paying tax but this could be more costly if the transaction goes wrong , would it not be safer for both parties to facilitate a sale through a Law firm / solicitor and split the costs ? cheaper than fees through an auction house ? I don't think a private deal excludes you from the responsibility to declare a taxable event, or am I missing something |
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mark1
New Member
๐จ๏ธ 420
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July 2018
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Help need selling my Banksy, by mark1 on Nov 8, 2020 21:49:08 GMT 1, Most of the sellers would prefer to do Private deals to avoid paying tax but this could be more costly if the transaction goes wrong , would it not be safer for both parties to facilitate a sale through a Law firm / solicitor and split the costs ? cheaper than fees through an auction house ? I don't think a private deal excludes you from the responsibility to declare a taxable event, or am I missing something
Thought pest control were also a mediator with his works
Most of the sellers would prefer to do Private deals to avoid paying tax but this could be more costly if the transaction goes wrong , would it not be safer for both parties to facilitate a sale through a Law firm / solicitor and split the costs ? cheaper than fees through an auction house ? I don't think a private deal excludes you from the responsibility to declare a taxable event, or am I missing something Thought pest control were also a mediator with his works |
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Lazarus II
Junior Member
๐จ๏ธ 1,804
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August 2019
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Help need selling my Banksy, by Lazarus II on Nov 8, 2020 22:20:23 GMT 1, Most of the sellers would prefer to do Private deals to avoid paying tax but this could be more costly if the transaction goes wrong , would it not be safer for both parties to facilitate a sale through a Law firm / solicitor and split the costs ? cheaper than fees through an auction house ? I don't think a private deal excludes you from the responsibility to declare a taxable event, or am I missing something
you are correct and not missing anything.
Most of the sellers would prefer to do Private deals to avoid paying tax but this could be more costly if the transaction goes wrong , would it not be safer for both parties to facilitate a sale through a Law firm / solicitor and split the costs ? cheaper than fees through an auction house ? I don't think a private deal excludes you from the responsibility to declare a taxable event, or am I missing something you are correct and not missing anything. |
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tab1
Full Member
๐จ๏ธ 8,519
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September 2011
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Help need selling my Banksy, by tab1 on Nov 9, 2020 3:07:16 GMT 1, Most of the sellers would prefer to do Private deals to avoid paying tax but this could be more costly if the transaction goes wrong , would it not be safer for both parties to facilitate a sale through a Law firm / solicitor and split the costs ? cheaper than fees through an auction house ? I don't think a private deal excludes you from the responsibility to declare a taxable event, or am I missing something
does not exclude you from paying tax but many will illegally avoid with a private deal
Most of the sellers would prefer to do Private deals to avoid paying tax but this could be more costly if the transaction goes wrong , would it not be safer for both parties to facilitate a sale through a Law firm / solicitor and split the costs ? cheaper than fees through an auction house ? I don't think a private deal excludes you from the responsibility to declare a taxable event, or am I missing something does not exclude you from paying tax but many will illegally avoid with a private deal |
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