The 30th edition of miart opened its doors at the Allianz MiCo convention center in Milan, marking a significant milestone for Italy’s premier international modern and contemporary art fair. As the city continues its ascent as a global art capital, the 2026 fair attracted a diverse continental crowd of collectors and professionals ahead of the upcoming Venice Biennale.
The Italian parliament reduced VAT on art sales from 22% to 5%, the lowest rate in Europe, a move announced by Prime Minister Giorgia Meloni's government. The tax cut was celebrated at the 30th anniversary dinner of the Fondazione Sandretto Re Rebaudengo in Turin, where politician Federico Mollicone noted it had been over 30 years in the making. The contemporary art fair Artissima, holding its 32nd edition in Turin, became the first Italian fair to test the new tax policy. Italian dealers reported positive effects, including easier deal closures and increased sales to both Italian and European collectors, with some galleries experiencing their best opening day ever.
Italy slashed VAT on art sales from 22% to 5% in July 2024, the lowest rate in the European Union, after two decades of lobbying by the Apollo Group. The tax cut took effect just before Artissima, Italy's largest contemporary art fair, which saw strong turnout and reported sales increases for many of its 73 Italian galleries, with prices ranging from $2,200 to nearly $20,000. ARTnews interviewed Artissima director Luigi Fassi about the impact of the new rate on the Italian art market and the broader cultural ecosystem.
Paris Internationale, the emerging art fair known for hosting independent galleries, announced it will launch a Milan edition in April 2026, just before its 11th edition opened in Paris. The fair, founded in 2015 by a group of independent galleries, plans to establish a lasting presence in Milan, with founder Nerina Ciaccia citing alignment with the fair's values and approach to the art market. The Milan edition is partly driven by Italy's recent reduction of VAT on art exchanges from 22% to 5%, making it more competitive than France's 5.5%. The fair has not yet secured a venue but intends to choose an architecturally historic location, continuing its nomadic tradition.
Italy has announced a reduction in its VAT on art sales from 22 percent to 5 percent, the lowest rate in the European Union. The move, approved in a cabinet meeting and set to take effect within days, follows sustained pressure from Italian galleries, artists, auction houses, and art market players. The new rate must be approved by parliament within 60 days to become permanent. The change aligns with an EU directive allowing member states to lower taxes on art sales to at least 5 percent, and comes after the government initially resisted calls for reform.
Italy's contemporary art market is experiencing a surge in activity, marked by the arrival of international galleries like Thaddaeus Ropac in Milan and Hauser & Wirth's planned opening in Sicily. This coincides with major art events such as Paris Internationale launching in Milan alongside the local Miart fair.
An exhibition at Nicholas Hall Gallery in New York, titled "Beyond the Fringe," explores the understudied early art market of 17th-century Italy, featuring 30 works on loan from public and private collections. The show highlights how barbers, tailors, innkeepers, and other tradespeople became part-time art dealers, while a decentralized network of collectors and middlemen emerged alongside foreign artists in Rome, such as the Bentvueghels, who produced new genres like landscape and genre scenes. The exhibition and its catalogue, with new research by art historians Patrizia Cavazzini and Caterina Volpi, trace the rise of art as an alternative asset class independent of traditional aristocratic and ecclesiastical patronage.
The 30th edition of the miart art fair in Milan took place from April 17-19 at a new venue, the Allianz MiCo conference hall. The fair introduced a disruptive three-tiered layout across three floors, dividing its offerings into Emergent and Established sections, and featured a mix of early 20th-century modern masters and contemporary works, distinguishing it from Italy's other major fair, Artissima.
Italian lawmakers have approved a reduction of VAT on art sales from 22% to 5%, the lowest rate in the European Union. The decision, announced by culture minister Alessandro Giuli after a cabinet meeting on June 20, is expected to take effect this week. The reform follows intense lobbying by art market groups and a letter signed by 500 art world figures, including artists Maurizio Cattelan and Michelangelo Pistoletto, who warned the high rate was turning Italy into a "cultural desert." The tax cut must be passed by parliament within 60 days to remain in force, and may also apply to import VAT, potentially making Italy the most competitive art market in Europe from a tax standpoint.
Dorotheum opened its Contemporary Week in Vienna on May 19, 2026, with modern and contemporary art sales that achieved strong results, particularly for Italian artists. Carla Accardi set a new auction record when her 1986 triptych *Fonda Notte Pieno Giorno* sold for €520,000, while works by Piero Dorazio, Emilio Vedova, Marino Marini, and Gino Severini also far exceeded their estimates. Top lots included Claude Monet’s *Waterloo Bridge* (€611,000) and Mikuláš Medek’s *Too Deep a Sleep V* (€546,000).
Paris-based gallery Romero Paprocki is expanding its presence in the Italian art market with a multidisciplinary presentation at miart 2026. Following the opening of a second gallery space in Milan, the booth features a curated dialogue between four artists—Antoine Carbonne, Louis Jacquot, Winnie Mo Rielly, and Matisse Mesnil—spanning figurative painting, minimal works, and sculptural photography.
Kruso Art has inaugurated its new Milan headquarters within the historic former Cinema De Amicis, following a six-million-euro redevelopment by Banca Sistema. The multifunctional space will host its first auction on April 15 during Milano Art Week, featuring 57 contemporary works from a private collection, including pieces by Rémy Zaugg, Giuseppe Stampone, and Darren Almond.
Auctions of the week: Art, design, jewelry and comics
The global auction calendar for the week of March 19–25, 2026, features a dense schedule of sales across major hubs including Milan, Rome, Paris, Hong Kong, and New York. Italian houses like Il Ponte, Wannenes, and Finarte are leading with diverse offerings in Modern and Contemporary art, design, and niche collectibles like European comics and militaria. Simultaneously, international giants Christie’s and Sotheby’s are hosting major sessions ranging from Modern British art in London to luxury spirits and private sales in Asia and the United States.
A Milano ha inaugurato miart 2026: i primi scatti della fiera che compie 30 anni e debutta in uno spazio tutto nuovo
The 30th edition of miart, Milan’s modern and contemporary art fair, has opened at its new venue in the South Wing of Allianz MiCo. Under the final year of Nicola Ricciardi’s direction, the fair features 160 galleries from 24 countries organized around the theme "New Directions," inspired by the jazz innovations of John Coltrane. The layout has transitioned from a single-floor format to a three-level experience, incorporating sections such as Emergent for experimental works and the new Established Anthology, which focuses on non-linear art history.
The global art market is entering a high-intensity period between March 5 and 11, 2026, with a dense schedule of auctions spanning Italy, London, Vienna, and Geneva. Major international houses including Christie’s, Sotheby’s, Phillips, and Bonhams are hosting marquee 20th and 21st-century art sales in London, while Italian houses like Finarte, Pandolfini, and Bertolami focus on Old Master paintings, design, and private estates. Notable single-owner collections, such as the Roger and Josette Vanthournout Collection and the estate of Antonio Crivellaro, are among the week's highlights.
La ripresa del mercato dell’arte, i trend del collezionismo e altre analisi nel nuovo report appena pubblicato
The global art market has returned to growth in 2025, recording a 4% increase compared to the previous year despite geopolitical tensions and financial uncertainty. According to the fourth edition of the "Collectors and the Value of Art in Italy 2026" report by Intesa Sanpaolo Private Banking, buyers are increasingly shunning speculative assets like NFTs and ultra-contemporary art in favor of established categories. Significant growth was noted in Modern art, Impressionism, and Old Masters, signaling a flight to quality and historical stability.
Milano Art Week 2026. Qui l’Agendissima di Artribune da stampare con tutti gli eventi ora per ora giorno per giorno
Milano Art Week returns from April 13 to 19, 2026, centered around the 30th edition of the miart international modern and contemporary art fair. Held at the Allianz MiCo South Wing, the fair will host 160 galleries across three sections—Established, Emergent, and the new Established Anthology—under the thematic banner "New Directions," inspired by the transformative jazz of John Coltrane.
Capitolium Art has announced its upcoming "Modern & Contemporary Art - Selected" auction, scheduled to run from April 1st to April 15th, 2026. The sale, hosted in partnership with Artsy, features a curated selection of traditional modern and contemporary works subject to a 26% buyer’s premium plus an additional 5% platform fee for online bidders. The terms outline specific logistical requirements, including a 10-day payment and collection window and the application of Italian Artist’s Resale Right (Droit de Suite) fees.