MADAM – What wasn’t mentioned in your review of Artist’s Resale Right (ARR) in ATG No 2404 is that the ‘first sale’ exemption also applies to auction houses, so any lots from a studio sale which make over €1000 are exempt from ARR.
However, I fear this is not being adhered to by all auction houses, and that some buyers are paying ARR unnecessarily. It also applies only to single items yet I have seen it being charged on multiple item lots that make over the €1000.