Art and Money Series Part. 2: Why It’s Complicated

“I always loved swimming pools, all the wiggly lines they make,” said David Hockney, the author of a painting “Portrait of an Artist (Pool with Two Figures)” that set the record for a work by a living artist sold atauction. “If you photograph them (swimming pools), it freezes them whereas if you use paint, you […]

Swiss Freeports for Art Treasures & Tax Evasion

In 2015, in the wake of the news on the revised law on freeports, the global art market was shaken by the chronicles of Geneva’s bonded warehouses, a storage facility for the super-rich collectors at the center of tax evasion controversy. Thierry Ehrmann, the president of art market information specialist Artprice, said that Geneva’s freeport […]