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Maxatar
15 days ago
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Original Superman comic becomes the highest-priced...
Can you elaborate further on the tax evasion part? The money laundering part I can see since the value of art is subjective and volatile, but how does what OP said explain how art can be used for tax evasion?
itronitron
14 days ago
[–]
The artwork is then given to a museum as a charitable donation for a tax write-off, or so the story goes.
Maxatar
13 days ago
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parent
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Even if this were true (and it's not), that is not tax evasion.
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fragmede
13 days ago
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It's tax avoidance. The difference between the two is one is legal and the other is not.
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