Advanced

Free Ports for Art: Special Tax Zones as Cultural Policy Incentives?

Hemels, Sigrid LU (2019) p.215-224
Abstract
A free port for art is a location in a country with purpose-built art facilities where imported works of art may be stored without taxes such as value added tax (VAT), goods and services tax (GST), consumption tax, transaction taxes and customs duties. As long as the art does not leave the free port, such taxes are not imposed, hence the word “free”. These free ports could be regarded as special tax zones (STZ). The central question in this paper is whether these free ports for art are cultural policy incentives or as threats.
Please use this url to cite or link to this publication:
author
organization
publishing date
type
Chapter in Book/Report/Conference proceeding
publication status
published
subject
keywords
Tax law, special tax zones, Tax incentives, free port, art, Cultural policy
host publication
Special Tax Zones in the Era of International Tax Coordination
editor
Laukkanen, Antti ; Pistone, Pasquale and de Goede, Jan
pages
10 pages
publisher
IBFD
ISBN
978-90-8722-549-0
978-90-8722-550-6
language
English
LU publication?
yes
id
2bb57bce-7683-4216-9ca0-bb184f172d89
date added to LUP
2019-08-29 08:08:48
date last changed
2020-05-05 17:12:32
@inbook{2bb57bce-7683-4216-9ca0-bb184f172d89,
  abstract     = {A free port for art is a location in a country with purpose-built art facilities where imported works of art may be stored without taxes such as value added tax (VAT), goods and services tax (GST), consumption tax, transaction taxes and customs duties. As long as the art does not leave the free port, such taxes are not imposed, hence the word “free”. These free ports could be regarded as special tax zones (STZ). The central question in this paper is whether these free ports for art are cultural policy incentives or as threats.},
  author       = {Hemels, Sigrid},
  booktitle    = {Special Tax Zones in the Era of International Tax Coordination},
  editor       = {Laukkanen, Antti and Pistone, Pasquale and de Goede, Jan},
  isbn         = {978-90-8722-549-0},
  language     = {eng},
  month        = {08},
  pages        = {215--224},
  publisher    = {IBFD},
  title        = {Free Ports for Art: Special Tax Zones as Cultural Policy Incentives?},
  year         = {2019},
}