{"id":4343,"date":"2018-01-20T18:53:05","date_gmt":"2018-01-20T18:53:05","guid":{"rendered":"https:\/\/migrate1.artrights.me\/cosa-e-il-diritto-di-seguito-siae\/"},"modified":"2020-04-10T14:58:19","modified_gmt":"2020-04-10T14:58:19","slug":"resale-right-siae","status":"publish","type":"post","link":"https:\/\/artrights.me\/en\/resale-right-siae\/","title":{"rendered":"What is the Resale Right? Application and calculation in Italy, the SIAE case"},"content":{"rendered":"

What if after selling your artwork you could keep on earning from it?\u00a0<\/b><\/h1>\n

Here is how!<\/em><\/strong><\/h2>\n

<\/p>\n

The Resale Right is the financial compensation that artists and\/or their heirs receive on the sales of the works from the second exchange on, within 70 years after the authors’ death.<\/strong><\/h3>\n

It exists in various countries, for instance in France with the<\/span> \u201cDrot de suite<\/strong><\/a>\u201d, and each one follows a similar basic concept and operation, but varies with regard to rules, regulations and percentages of collection.<\/span>\u00a0In Italy the Resale Right is entrusted to\u00a0SIAE\u00a0<\/a><\/strong>(Italian Society of Authors and Publishers) an entity that deals with the collection and brokerage of copyright.<\/p>\n

So let’s examine the Italian case.<\/strong><\/h4>\n

The Resale Right (Legislative Decree no. 118 of February 13, 2006) represents a protection for the artist and his or her heirs up to 70 years after his or her death, applicable three years after the first sale of a work, the value of which must be equal to or higher than \u20ac 3,000.<\/span><\/p>\n

SIAE<\/a>\u00a0<\/strong>is the entity in charge of receiving the resale right on behalf of all artists, even if not directly members of the organisation, withholding 17% as commission<\/strong>, as determined by the Ministry of Cultural Heritage until April 8, 2018<\/span><\/p>\n

To take advantage of this important right, some conditions may be observed:<\/span><\/p>\n

[emaillocker id=4040]<\/p>\n