Ulrich Felzmann 148th Auction - Addendum
March 15th, 2014
Addendum of the 148th auction
Short Terms and Conditions
A fee of €2 is charged per auction lot. No VAT is indicated for goods that are subject to differential taxation. For buyers in European Union countries: Consumers pay a standard premium of 23%. Traders (as defined in the German VAT Act –UStG) pay a premium of 23% on goods that are subject to differential taxation (this premium includes 19% VAT). In the case of goods that are subject to regular taxation, a premium of 20% is charged, plus 19% VAT charged on the total sum of acquisition price, premium, lot fee and postage/insurance. The movement of goods within the EU can be exempted from VAT in accordance with statutory provisions. For buyers resident in third-party countries (outside the EU): Buyers pay a 20% premium plus lot fee, postage and insurance. If Auktionshaus Ulrich Felzmann GmbH & Co. KG exports thegoods to third-party countries itself, the invoice will not contain VAT. If the goods are exported by the buyer him/herself or via a third party, VAT will be charged and reimbursed on presentation of the necessary proof of export.In all cases, the buyer him/herself will assume any import taxes or customs duties. A premium of 20% will be charged for gold coins that are exempt from VAT.