Kunst & antiquiteiten
Of u nu één kunstwerk verkoopt of een hele collectie overdraagt, wij begeleiden u bij de fiscale kwalificatie van de inkomsten, btw-vragen en KYC-vereisten.
Collectibles
Passiebeleggen in wagens, horloges of whisky wint aan populariteit én aan waarde. Die stijgende markt brengt fiscale vragen en AML-vereisten met zich mee waar wij uitgebreide ervaring mee hebben.
Unlike listed securities, investing in physical wealth often requires a different approach. The tax qualification, the source of funds, questions from the bank or the correct drafting of deeds are issues specific to physical assets and matters for which a traditional firm or your bank often cannot assist.
Arx Aurum lawyers has built this expertise by assisting private clients, collectors and families with the acquisition, sale, gift and inheritance of physical wealth.
Our Expertise
Specialised tax and legal support for physical assets
Our expertise covers the full lifecycle of physical assets, from acquisition to sale, gift and transfer. This ranges from tax qualification in personal and corporate income tax and VAT questions relating to art and antiques, to KYC and AML questions from banks when repatriating funds after a sale.
Tax analysis & capital gains tax
When selling physical assets, such as art, watches or collectibles, it is essential to correctly assess the tax qualification of the realised capital gain. The question is whether that gain falls within normal private wealth management, or whether it is taxable as miscellaneous income due to speculative intent or abnormal management.
Tax audits and disputes
When gains are realised on physical assets, the tax authorities do not always remain on the sidelines. In the event of a request for information, a notice of amendment or a tax audit in personal or corporate income tax and VAT, Arx Aurum assists you, with particular attention to qualification issues, valuation questions and evidence.
AML/KYC and source of funds
When selling physical assets and transferring the proceeds to an account, financial institutions and other parties, such as gold dealers, galleries and art dealers, increasingly ask questions about the source of funds in the context of AML and KYC obligations. In practice, this may lead to delays, additional documentation requests or even blockages.
Integrated support for physical assets
The tax analysis is often only one part of the whole when it comes to transactions involving physical assets. In practice, such matters involve a broader set of issues, including AML and KYC obligations, valuation questions, the identification of suitable counterparties, succession planning and the structuring of transactions.
Integrated approach
More than purely tax advice
Tax is crucial for physical investments, but there is much more involved. The correct valuation of the assets, the drafting of contracts, gift deeds and wills, placing the proceeds with a bank, or working with auction houses and antique dealers are all elements that require a specialised approach.
Although Arx Aurum originated as a tax law firm, over the years we have built extensive practical experience and a broad network in the world of physical assets.
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