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Policy Interpretation Zone

Interpretation of Key Provisions in the "Administrative Measures for Art Business Operations"

This article interprets the revised "Administrative Measures for Artwork Trading" of 2026. It focuses on key changes and requirements, including operator filing systems, purchase verification records, and transaction information retention. The new measures strengthen in-process and post-event supervision, increase penalties for violations, and promote standardized industry development.

Detailed Explanation of Tax Incentive Policies for Cultural Relics and Fine Arts

To support the cultural industry, the state has introduced a series of tax incentive policies for cultural relics and artworks. This article provides a detailed overview of these incentives across value-added tax (VAT), income tax, and customs duties, including specific measures such as tax exemption on individuals' transfers of personal-use art, pre-tax deductions for corporate donations of artworks, and tariff reductions on imported cultural relics.

Impact of the Civil Code on Art Appraisal

The implementation of the Civil Code has profoundly impacted the art appraisal industry. This paper analyzes relevant changes from three perspectives: Property Rights, Contracts, and Tort Liability. It focuses on key issues such as ownership confirmation, validity of sales contracts, and liability in authentication and appraisal, providing practical guidance for industry practitioners.