The Resource On artworks as merit goods for tax purposes

On artworks as merit goods for tax purposes

Label
On artworks as merit goods for tax purposes
Title
On artworks as merit goods for tax purposes
Creator
Subject
Language
eng
Summary
This article considers whether the preferential tax treatment of collectors of art works, and the use of tax revenues to provide grants to art galleries through the concept of "merit goods", is justified. It reviews the tax preferences involved, the concept of consumer sovereignty, and whether the current policy interferes with consumer preferences or amounts to preserving the national estate and compensates for market failure to adequately reward artists. The factuality of tax preferences for artworks is first established. The concept of merit goods is then examined and applied to the visual arts. Policy issues are identified and conclusions are drawn
Citation source
In: British tax review. - London. - (2020), no. 2 ; p. 200-216
http://library.link/vocab/creatorName
Barrett, J
Geographic coverage
Europe
Language note
English
http://library.link/vocab/subjectName
  • artist (creative)
  • cultural property
  • subsidy
  • tax relief
  • tax incentive
  • tax policy
  • case law
Label
On artworks as merit goods for tax purposes
Instantiates
Publication
Label
On artworks as merit goods for tax purposes
Publication

Library Locations

    • IBFD Library AmsterdamBorrow it
      Rietlandpark 301, Amsterdam, 1019 DW, NL
      52.3736660 4.9336932
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