April 2008

April 2008archive

Anthony d’Offay deal with Tate and Scotland sets tax precedent for UK philanthropy

For his partial donation of £125m worth of art, the dealer received £26.5m—the price he originally paid for the collection—tax free

April 2008archive

Pompidou cancels Calder exhibition for lack of funds—and renovations are also delayed

The French gallery has been hit hard by a 6% reduction in government subsidy, part of Sarkozy's pledge to modernise the State by reducing public spending