4 Results

The Online Art Market Grew 9.8% in 2018

Apr 08, 2019

While growth slowed from 2017, the report predicted the online art market would expand significantly in the next five years.
Source : Artsy-Benjamin Sutton

Art Market May Be Asked to Reveal What’s Behind the Curtain With Proposed Legislation

Apr 04, 2019

While it would seem to be good public policy to enact legislation that will prevent money laundering, terrorism, and fraud, art market leaders are concerned that money laundering in art transactions is not a big enough issue to justify the regulatory burden.

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Meet the Accountants Who Take on Taxes for The Art Market

Apr 04, 2019

In 1789, Benjamin Franklin wrote, “In this world, nothing can be said to be certain, except death and taxes,” and while they are both generally considered to be unavoidable and unpleasant, fortunately, there are professionals who can make the burden of taxes and other financial obligations somewhat lighter for individuals and businesses.

There are many accountants and accounting firms that specialize in services for the art market. From helping artists file individual tax returns to bookkeeping services, management accounting and budgeting, tax and VAT compliance, annual statutory accounts and audit services for arts-based businesses, accountants can accomplish a wide range of ...

Art Market May Be Asked to Reveal What’s Behind the Curtain With Proposed Legislation | New York Law

Apr 03, 2019

While it would seem to be good public policy to enact legislation that will prevent money laundering, terrorism, and fraud, art market leaders are concerned that money laundering in art transactions is not a big enough issue to justify the regulatory burden.
Source : New York Law Journal