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Dealers

The UK’s New Tax Rules Have Art Dealers Worried About the Consequences

Editor’s Note: This story first appeared in balance, Artnews Newsletters about the art market and other regions. Register here Accept it every Wednesday. The rich seem to abandon Britain in the struggle, and the newly initiated tax rules do not help. Several art dealers and consultants told Artnews They are concerned about how these rules will affect the country’s art

UK Art Dealers Are Dealing With Large Penalties for AML Non-Compliance

Virtually 50 UK art organizations have actually been provided on the listing of recently released art market individuals (AMPs) that do not adhere to cash laundering guidelines, according to HM Profits & Traditions (HMRC). The penalty is initially of all Art paper. Gallery such as Opera and Carl Kostyál have

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The Asia Artist Magazine is the definitive authority on Asia’s art industry, providing unparalleled insights into the region’s dynamic art market, leading artists, industry trends, investment opportunities, and cross-sector collaborations. As a premier international publication, the magazine serves as a critical reference for collectors, investors, auction houses, galleries, and luxury brands seeking a comprehensive understanding of Asia’s evolving artistic landscape.

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