HC Deb 13 June 1977 vol 933 c75W
Mr. Newton

asked the Chancellor of the Exchequer whether he will furnish a list of those EEC countries which operate a tax on the export of antiques and works of art to non-EEC countries and indicate the rates.

Mr. Robert Sheldon

From the information available I understand that only Italy operates a tax on exports of antiques and works of art to non-EEC countries. The rates of tax are as follows:

Value of item(Lire) Rate (per cent.)
Up to 1,000,000 8
From 1,000,001 to 6,000,000 … 15
From 6,000,001 to 21,000,000 25
More than 21,000,000… 30

Works of art by living artists and items not more than 50 years old are not taxed on export.