Sale: 519 / Post War / Cont. Art II, June 18. 2021 in Munich Lot 121000388

 
121000388
Yang Shaobin
Portrait of Hariri, 2006.
Oil on canvas
Estimate:
€ 30,000 - 40,000

 
$ 35,100 - 46,800

+
Lot description
Portrait of Hariri. 2006.
Oil on canvas.
Signed, dated and titled on reverse. 160 x 130 cm (62.9 x 51.1 in).

PROVENANCE: Private Collection, UK.

121000388
Yang Shaobin
Portrait of Hariri, 2006.
Oil on canvas
Estimate:
€ 30,000 - 40,000

 
$ 35,100 - 46,800

+
 


More Images
 
Buyer's premium, taxation and resale right apportionment for Yang Shaobin "Portrait of Hariri"
This lot can be subjected to differential taxation plus a 7% import tax levy (saving approx. 5 % compared to regular taxation) or regular taxation.

Differential taxation:
Hammer prices up to € 500,000: 32 % buyer's premium
Hammer prices above € 500,000: for the share up to € 500,000: 32%, for the share above € 500,000: 27% buyer's premium
The buyer's premium contains VAT, however, it is not shown.

Regular taxation:
Hammer prices up to € 500,000: 25 % buyer's premium plus statutory sales tax Hammer prices above € 500,000: for the share up to € 500,000: 25%, for the share above € 500.000: 20% buyer's premium, each plus statutory sales tax

We kindly ask you to notify us before invoicing if you wish to be subject to regular taxation.

Resale right apportionment:
Objects made by artists who have not died at least 70 years ago are subject to a resale right apportionment of 2.4% including statutory sales tax.