Tax
Art consultant pleads guilty to filing false tax return
Lacy Doyle hid millions of dollars in inheritance in a Swiss bank account, US Attorney says
How the new US tax law affects the art world
President Trump today signed sweeping changes to the tax system that will impact wealthy individuals, art businesses and museums
Will the US tax proposal sell out art buyers?
A proposed revision to the tax code could subject sellers to capital gains tax on art and slow the market
Public asked to photograph ‘secret collection’ of works stored in homes across the UK
Open Inheritance Art project aims to uncover items that should be publicly available through tax-relief arrangements
How the estate of Thailand’s missing ‘Silk King’ was among the winners of Reagan’s 1986 Tax Reform Act
The sweeping legislation cleared a hefty tax bill for the heirs of American businessman Jim Thompson, whose home and collection in Bangkok was turned into a public museum
Trump’s promise of Reagan-style tax reforms causes alarm
1986 tax package put the squeeze on donations
Why should collectors get all the breaks?
Artists seek similar tax incentives for donating works to museums and auctions
Will California collectors take their secondary market business out of state?
Panel of federal judges say 5% resale royalty law can only apply to works sold within California
How to get on with artists, handle mergers and avoid lawsuits
Legal conference tackles issues facing US museums, from commissioning work to developing diversity
Will Obama’s ‘middle-class economics’ hit inherited art?
Proposed tax reforms could make the rich feel less well-off—and less likely to spend on art
Barbara Allbritton sues IRS for $40.6m tax refund
The collector is arguing that no transfer of ownership of her collection ever took place
French trade warns of VAT ‘disaster’
Warnings that the French government's proposed VAT hikes will undermine the country's standing in the global art market
Air of malaise at Paris fairs
A scheduling clash and an unfriendly tax environment slowed business at most fairs
Californian collectors hit by tax rise
The rates for use tax and sales tax has increased to 7.5%
Would French tax hike hit Arnault’s Paris museum?
President Hollande plans to implement 75% tax rate on income above €1m a year
Oslo collector Martin Schøyen sells 60 manuscripts
He blames Norway’s tax system for his decision
Taxman swoops on Rauschenberg’s “$65m eagle”
How much is Canyon, 1959, worth?
The obsessions and follies of the charismatic Joost Ritman
The fate of esoteric books and illuminated manuscripts hangs in the balance
New books on art investment aim to capitalise on the emerging field
However, too much knowledge can be confusing... even when it is as well selected as this
New Museum show of trustee's collection is an insult to scholarship and curators
Private-collector museums
Donating to Museum Ludwig's foundation is more profitable than giving to the museum directly
Foundation lures collectors
Artists should have same tax deductions as collectors when donating works of art
The Art Dealers Association of America is lobbying the government to change the law
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
Russian art collector could face seven years in prison
Vladimir Nekrasov has been charged with corporate tax evasion
New tax on asset gains for overseas investments could hit UK collectors
Rules change for non-domiciles
Tax breaks fuel Korean sales
Buyers were active in recent auctions and three new art funds have been started
Turner seller might have done better with Tate
Why was The Dark Rigi sold privately, when a public sale would have given valuable tax breaks?