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TaxVox
Capital Gains Taxes Are Hurting The Fine Art Market, But Not The Way You Think
This year’s New York art auctions disappointed. The $1.4 billion in spring sales were 22 percent lower than 2023, and off 36 percent from 2022,...
June 3, 2024
Howard Gleckman
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TaxVox
Does the World Need Tax-Advantaged Art Freeports?
High-end collectors can delay taxes indefinitely by buying and storing their art in “freeports.” Why?
February 2, 2022
Renu Zaretsky