Tag Archives: taxation

Art & Taxation Afternoon Seminar

Posted on: June 8, 2018 by Holly Woodhouse

Yesterday, on Thursday the 7th June, the Institute of Art and Law held an afternoon seminar at the Swedenborg Society, with the gracious support of Hunters Solicitors. The focus of the day was Art and Taxation, drawing together a dynamic programme of topics including, tax planning, tax incentives, disputes and VAT in relation to art […]

New speaker added to the Art & Taxation Afternoon Seminar

Posted on: May 31, 2018 by Kiri Cragin Folwell

We are pleased to announce that Clarissa Vallat will be joining us as a panellist at our Art & Taxation Afternoon Seminar on 7 June. Clarissa is a Director of Tax, Heritage & UK Museums at Sotheby’s. Other speakers at the event include: Roderick Cordara QC, barrister, Essex Court Chambers Ruth Cornett, Director, Heritage & Taxation Advisory […]

2016 IAL Diploma course begins next month

Posted on: January 15, 2016 by Ruth Redmond-Cooper

The Institute of Art & Law’s Diploma in Art Profession Law and Ethics course (DipAPLE) is set to begin next month, comprising seven monthly sessions running from February to July 2016. DipAPLE, which has been running for ten years, is an intensive and interactive course open both to lawyers and professionals from the art market or museum […]

Artworks now considered depreciable assets in Japan

Posted on: March 25, 2015 by Makoto Shimada

Over the last couple of months, Japanese companies have been flocking to galleries to purchase inexpensive artworks. This trend is a result of a significant governmental change in relation to taxation policy which was adopted from January 2015. According to the newly amended Corporate and Income Tax Law Interpretive Regulations announced by the National Tax […]

UK government took in £125 million through AIL and CGS

Posted on: September 25, 2014 by Alexander Herman

It has recently been reported that nearly £125 million worth of art has been handed over to the UK government in lieu of tax liabilities between the years 2009 and 2013. This is the result of the government’s ‘acceptance in lieu’ scheme (AIL), whereby works of art can be transferred to the state in order to offset inheritance taxes, as […]