Items marked “V” (consignment sales) are sold in the name and for the account of the consigner.
Items marked "0" are not liable to VAT.
Items marked "*" might be liable to Resale Royalties.
Objects marked with “ + ”, “ - ” or “#” are subject to the legally applicable VAT rate. The legally applicable VAT in Austria is for objects marked with a “ + ”: 20%, for objects marked with a " - " : 13%, for objects marked with a “#”: 10%. In the case of deliveries (shipments) of such objects to private individuals in a Member State of the European Union, the VAT rate of the country of delivery applies.
On the following page you will find information about the VAT applicable in the other countries of the European Union.
Example for margin tax or agent sales:
Sale of an object at the hammer price of EUR 3,000, with resale right royalty -> The gross price amounts to EUR 4,020 (hammer price of EUR 3000 + buyer‘s premium of EUR 900 + resale right royalty of EUR 120)
Example for a fully taxable item subject to 20% VAT (Country of delivery: Austria):
Sale of an object at the hammer price of EUR 3,000, with resale right royalty -> The gross price amounts to EUR 4,634 (hammer price of EUR 3,000 + buyer‘s premium of EUR 750 + resale right royalty of EUR 120 + VAT of EUR 764)
Motor vehicles/Technology, stamps, coins, orders and wine
Example for margin tax or agent sales:
Sale of item at the hammer price of EUR 1,000 -> gross price amounts to EUR 1,220 (hammer price of EUR 1,000 + buyer’s premium of EUR 220)
Example for a fully taxable item subject to 20% VAT (Country of delivery: Austria):
Sale of item at the hammer price of EUR 1,000 -> gross price amounts to EUR 1,420 (hammer price of EUR 1,000 + buyer’s premium of EUR 183 + EUR 237 VAT)
Classic Motor Vehicles
Example for margin tax or agent sales:
Sale of item at the hammer price of EUR 1,000 -> gross price amounts to EUR 1,120 (hammer price of EUR 1,000 + buyer’s premium of EUR 120)
Example for a fully taxable item subject to 20% VAT (Country of delivery: Austria):
Sale of item at the hammer price of EUR 1,000 -> gross price amounts to EUR 1,320 (hammer price of EUR 1,000 + buyer’s premium of EUR 100 + EUR 220 VAT)
