Get the free Artist's Resale Right Submission Form - DACS - dacs org

DAYS Artist s Resale Right Submission Form Please complete this form and return it to us using the pre-paid envelope. As an alternative, you can also submit your qualifying sales online at www.dacs.org.uk/for-art-market-professionals

How to fill out artist39s resale right submission

How to Fill Out Artist's Resale Right Submission:

1. Obtain the necessary forms: Begin by locating the artist's resale right submission form. This form can typically be found on the website of the organization responsible for managing the artist's resale right, such as a collective management organization or a government agency.
2. Provide your personal information: Start by filling in your personal information on the form. This usually includes your name, address, contact details, and any relevant identification numbers, such as your social security number or tax identification number.
3. Identify the artwork: Clearly identify the artwork for which you are submitting the resale right claim. This usually involves providing details such as the artist's name, the title of the artwork, and any additional identifying information, such as the creation date or the medium used.
4. Specify the sale details: Indicate the details of the sale or auction where the artwork was sold. This may include the date of the sale, the name of the gallery or auction house, and the price at which the artwork was sold. Be as specific as possible to ensure accurate documentation.
5. Determine the royalty entitlement: Calculate the royalty entitlement based on the applicable percentage or rate. This is often determined by the resale price of the artwork and may vary depending on the jurisdiction or organization managing the resale right. Consult the guidelines or regulations provided by the organization to ensure accurate calculation.
6. Attach supporting documentation: Collect any supporting documentation required by the organization. This may include sales invoices, receipts, or any other evidence of the sale that can confirm the details provided on the form. Ensure that all attached documents are clear, legible, and relevant to the resale of the artwork.

Who needs Artist's Resale Right Submission?

1. Artists: Artists who wish to claim their resale right royalties for their artworks sold on the secondary market need to submit an artist's resale right submission. This allows them to receive additional income when their artworks are resold.
2. Art dealers and galleries: Art dealers and galleries who handle the sale of artworks on the secondary market may also need to complete an artist's resale right submission. This ensures compliance with the applicable regulations and allows them to accurately report and distribute the resale right royalties to the artists.
3. Auction houses: Auction houses that conduct sales of artworks may also be responsible for submitting artist's resale right forms. This ensures that the proper royalties are paid to the artists whose artworks are being resold through their auctions.

By following the step-by-step process outlined above, artists, art dealers, and auction houses can successfully fill out an artist's resale right submission form. This helps ensure that artists receive the appropriate royalties for their artwork when it is resold on the secondary market.

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What is artist's resale right submission?

Artist's resale right submission is a form that artists can submit to claim a resale royalty when their artwork is resold.

Who is required to file artist's resale right submission?

Artists or their representatives are required to file artist's resale right submission.

How to fill out artist's resale right submission?

To fill out artist's resale right submission, artists need to provide information about the artwork, previous sale, and details for receiving the resale royalty.

What is the purpose of artist's resale right submission?

The purpose of artist's resale right submission is to ensure artists receive a percentage of the resale price when their work is sold again.

What information must be reported on artist's resale right submission?

Information such as the artist's name, artwork details, previous sale price, and contact information must be reported on artist's resale right submission.