L'imposta sul valore aggiunto: regime ordinario e regime del margine a confronto. Il caso del mercato dell'arte.

In the literature, the comparison between the normal and the special VAT regimes is limited (i.e. with equal and uniform rates in each production or consumption phase, the two VAT regimes are identical). In this paper we also propose a general comparison in order to define which regime is desirable in relation to the VAT rate structure, the features of the buyers and sellers and the selling strategies. We propose some policies that make neutral the fiscal regime, enhancing investments and consumption. These results are developed by looking at the art market.