botMB to New York TimesEnglish · 1 month agoA Sharp Downturn in the Art Marketwww.nytimes.comexternal-linkmessage-square2fedilinkarrow-up16arrow-down12
arrow-up14arrow-down1external-linkA Sharp Downturn in the Art Marketwww.nytimes.combotMB to New York TimesEnglish · 1 month agomessage-square2fedilink
minus-squarePhilipTheBucket@ponder.catMlinkfedilinkEnglisharrow-up1·1 month agoHigh value art has been a vehicle for tax evasion and money laundering for quite some time. https://www.cnn.com/2020/07/29/business/art-money-laundering-sanctions-senate/index.html https://www.taxnotes.com/featured-analysis/concealed-masterpieces-intersection-taxation-and-art-market/2022/09/23/7f3ks
High value art has been a vehicle for tax evasion and money laundering for quite some time.
https://www.cnn.com/2020/07/29/business/art-money-laundering-sanctions-senate/index.html
https://www.taxnotes.com/featured-analysis/concealed-masterpieces-intersection-taxation-and-art-market/2022/09/23/7f3ks