[Utah Binger]

Thanks, I thought someone said the state would be administering the Fair Tax.

Lets say the painting is consigned by the artist. Normal relationships of this type are 60/40. 60% goes to the artist. So, I guess that is the wholesale price. Does the artist have to pay the 23%?

[navyguy]

Hi UB,

Don’t know the answer to this question but its a good one and I’m going to try and find the answer. I’ll ping you once I know more.

Are you in the art business?