With some signs of the coronavirus lockdown easing, and doors of galleries, museums, exhibitions and theatres starting to re-open, we’re taking a look at the way the art world has responded to the coronavirus pandemic, and what the ‘new normal’ might look like. The doors of the Design Museum in London are finally open again, and celebrations are well underway in the new exhibition Electronic: From Kraftwerk to The Chemical Brothers. There are sights including...
Is sales tax legislation becoming the ‘bane of the art market’? Christie’s recent $16.7m settlement to avoid prosecution in the US for sales tax evasion demonstrates once again that it’s an increasingly common issue for both American and international art businesses. We turned to the experts from international art law specialists Withers for insight. It’s another taxing lesson in Sales Tax – Christie’s’ recent $16.7 million settlement to avoid prosecution for sales tax evasion has...
The art market is facing new challenges daily as it adjusts to the realities of navigating the COVID-19 coronavirus crisis. We asked experts from multinational legal advisors Withers, Diana Wierbicki, Partner and Global Head of Art Law, and Amanda Rottermund, Art Law Associate, for their insight. Q: With auctions and art fairs being cancelled, postponed and rescheduled (or turning completely virtual), how can consignors and consignees adapt to calendar uncertainties? A: Coupled with logistical shutdowns,...
