Artwork in tangible form is personal property. Transfer of title can therefore be made by a Bill of Sale. A Bill of Sale also constitutes a record of the transaction for both the artist and the person buying the artwork. It can provide the seller with a record of what has been sold, to whom, when, and for what price. The following form anticipates that the seller is the artist and therefore reserves copyright and reproduction rights.
Bill Of Sale For Artwork With Payments In Bronx
Category:
State:
Multi-State
County:
Bronx
Control #:
US-00443BG
Format:
Word;
Rich Text
Instant download
Description
Form popularity
FAQ
Since 1982, New York City's Percent for Art law has required that one percent of the budget for eligible City-funded construction projects be spent on public artwork.
They can perhaps claim ownership over the physical work of art. But that does not confer ownership of the copyright to that work, That can only be transferred by a written document, explicitly saying so, signed by the copyright owner or the owner's agent, under US law.
The City Sales Tax rate is 4.5%, NY State Sales and use tax is 4% and the Metropolitan Commuter Transportation District surcharge of 0.375% for a total sales and use tax of 8.875 percent.
Collectors, galleries, indeed anybody who buys, sells, and collects artwork should be aware of rules governing sales tax. Purchases in NYC are subject 8.875% tax. This includes a NY State rate of 4%. As with most items, artwork purchased in NYC for shipment to another state or country is not subject to local sales tax.
Items and services that are exempt from sales tax include but are not limited to: Food products, dietary foods, certain beverages and health supplements sold by food markets. Diapers. Drugs and medicines for people. Medical equipment and supplies for home use. Newspapers, magazines and other periodicals.
Yes, everybody that sell something, in NY, especially food require a city permit, also from sanitation .
