1280 BTW LOT
Pauillac | Mc
€ 800 - € 1500
€ 950
€ 1168
VAT must be paid on a lot subject to VAT on the hammer price and separately on the buyer's commission. The VAT is a percentage that differs per Member State in the EU. In Belgium it is 21%.
Shipments within the EU are subject to tax.
Lots subject to VAT are completely free of VAT for shipments outside the EU / to a bonded warehouse, if Sylvie's receives the legitimate proof of export.
Example
If the buyer's commission ex VAT is 19% over the hammer price, and the VAT would be 21%, the calculation is as follows:
At a hammer price of €100.00, you pay 100*1.21 + (19%*100)*1.21 buyer's commission. Together that makes €121.00 + €22.99 = €143.99
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