We provide intelligent, well thought out and practical advice on the financial aspects of art transactions. Our unrivalled experience in advising on complex issues, often involving a number of jurisdictions with their associated tax implications, has given us a unique understanding of the requirements of galleries and dealers.
Our services for clients typically cover:
– Accounting and tax compliance support for art-related businesses ranging from full day-to-day involvement in management accounting, payroll and VAT services through to the annual audit and corporate tax return processes.
– Tax advice on international cross-border aspects of art related transactions including, amongst other things, complex VAT analysis, personal tax considerations for non-domiciled individuals and transfer pricing issues for international gallery groups.
– VAT advice relating to the purchase/ sale of works of art both within the EU and outside the EU.
– IT support for the creation and maintenance of complex art (and other asset) databases for businesses.