Faqs
The Sales Process
It is
usually the case that there is no taxable event when the work is deposited.
Whether the artist needs to pay any taxes when the artwork is deposited
and prior to the actual point of sale must be reviewed by each artist within
his country of residence. Ultimately, the individual artist will be
responsible for any taxes due, such as income tax, on the sum that is
distributed to them after a sale. The prevailing tax codes of each artist's
country will prevail.