Tag: Burdens

  • UK Reveals Nearly $80 M. Worth of Art Donated by Collectors in Order to Reduce Tax Burdens

    Arts Council England has announced the results of the 2024-25 edition of its Cultural Gifts Scheme (CGS) and Acceptance in Lieu (AIL)initiatives. Thirty-two artworks entered public collections this cycle, with a combined value of almost $80 million. Highlights include Edgar Degas’s pastel Danseuses roses (ca. 1897–1901), given to the National Gallery by the estate of read more

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    UK Reveals Nearly M. Worth of Art Donated by Collectors in Order to Reduce Tax Burdens