Chuck Grassley (R-IA), Sheldon Whitehouse (D-RI), Bill Cassidy (R-LA), Andy Kim (D-NJ), and David McCormick (R-PA), introduced the federal Art Market Integrity Act (the “Act”). The Act is bipartisan ...

Tax Implications: Art is subject to estate taxes, which can be significant if a collector’s holdings represent a large percentage of their wealth. Capital gains tax on artwork can be as high as ...

If the Art Market Integrity Act were to become federal law, it would give the US Treasury the legal authority to subject these art professionals and institutions to adopt certain AML policies and ...

Billionaire art collector, philanthropist, and cosmetics magnate Leonard A. Lauder has died at age 92. The son of Joseph and Estée Lauder (born Josephine Esther Mentzer), he helped grow her ...

Thailand's National Museum hosted a welcome-home ceremony Tuesday for two ancient statues that were illegally trafficked from Thailand by a British collector of antiquities and were returned from ...

We've mostly lost track of the deep influence of Barnes' 1925 book, The Art in Painting. It seems to have had a big effect on America's most famous formalist, Alfred Barr, founding director of the ...

Petersburg art collector rescues African artist: Reluctant introduction becomes lifeline Her entire life’s work, decades of fine art, fashion, materials and personal items, was locked away in a ...

The exhibition is not a survey, but, the collector readily admits, a reflection of his own perspective as to what Catholic art should look like. The portraits evoke the Old Masters and avoid ...

A Chinese court in the far western region of Xinjiang has sentenced a leading Tibetan collector of antiquities and environmentalist to 15 years in jail for robbing graves, his lawyer said on ...