Date: Sat, 18 May 2013 08:26:42 +0200
[from regine] Where do all the profits go? - The Art Newspaper
- As companies including Starbucks, Amazon and Google face daily scrutiny of their UK corporation tax bills, how do commercial galleries with businesses juggle their tax payments? The answer, as ever in the art market, is clear as mud, but shines a light on how easily profits could be moved between countries now that art galleries have expanded and moved away from the sole-proprietor models of the past.