S.L. 415.3 · Artists’ Resale Right Regulations (S.L. 415.3)
S.L. 415.3 ст. 7Royalty calculation.
The royalty provided for in regulation 4 shall be calculated as follows:
(a) 0% for the portion of the sale price up to and including euros 1,499;
(b) 4% for the portion of the sale price from euros 1,500 to euros 50,000;
(c) 3% for the portion of the sale price from euros 50,000.01 to euros 200,000;
(d) 1% for the portion of the sale price from euros 200,000.01 to euros 350,000;
(e) 0.5% for the portion of the sale price from euros 350,000.01 to euros 500,000;
(f) 0.25% for the portion of the sale price exceeding euros 500,000: Provided that the total amount of royalty may not exceed euros 12,500 and the sale prices referred to above are net of tax.