News for hackers. Stuff that matters.

A comment on The Sotheby's trial revealed the art market's unsavoury practices. Parent comment

Re:The Sotheby's trial revealed the art market's unsavoury p... by firtoz on Tuesday February 06, 2024 @12:14PM (#39277142)
What'd be the alternative if you had not done the 50m -> 75m trick? Pay x$ more in taxes?
[ Parent | on HN ]
Re:The Sotheby's trial revealed the art market's unsavoury p... by BasedInfra on Tuesday February 06, 2024 @03:13PM (#39279888)
The implication is that they do it purely for tax relief and not as an appreciating asset.

If that was the case they would be losing millions each transaction.

[ Parent | on HN ]