Artists are entitled to receive a payment each time their art is resold (a resale payment). These payments may be taxable.
If you are an artist who was in business when your artwork first sold, you need to pay income tax on resale payments for that art. This is because resale payments are not taxed before they are paid to artists.
RRA’s admin fee “is a deductible expense” for artists who are in business.
Read the full IRD ‘Resale payments for artists’ here.