Experts explain the intricacies of tax regimes in the UK and the US in relation to major estate dispersals
Works by Ben Nicholson, Vanessa Bell and Bill Brandt were also among works given to the nation in 2024-25 to settle £39.3m worth of tax
Labour government’s first budget extends inheritance tax, while non-doms are moving to Italy and the UAE
More than 40 items worth over £52m allocated to galleries nationwide including a £10.5m miniature Renaissance bronze
National scheme gains significance in the pandemic as "a shift away from blockbuster touring shows" will place greater importance on public collections
Proposed tax reforms could make the rich feel less well-off—and less likely to spend on art
The difficulty has arisen because Mr Eastman left the bulk of his estate in a “marital trust” for his wife
Houghton Hall’s William Kent furniture to remain in house but to belong to Victoria & Albert Museum
Van Dyke painting withdrawn from sale at Christie's.
A Tanguy for the Tate, important furniture for the V&A