Will struggling artists benefit from Resale Royalty Scheme?
Art market figures applaud intent but question effect of new scheme returning 5% of each sale back to original artist.
Simpson Grierson senior associate Raymond Scott speaks with Dita De Boni.
Artists and their estates may receive a boost from a new resale royalty scheme being introduced, but the impact on New Zealand’s small and highly interconnected art trade has some market participants concerned.
The government has greenlit a proposal for an Artist Resale Royalty Scheme, in which
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