A "painting" worth 62 million?

Catfish · 03-24-21, 04:01 AM

"Virtual value", breathtaking new concept. Like bitcoin and all that

Platapus · 03-24-21, 05:48 AM

It is also important to realize that with these types of sales and charities, that the tax laws concerning contributions can often come in to play.

In the US, this type of thing is not uncommon. I would imagine that this painting will end up either in another auction or will be donated to some art museum which can also result in tax benefits

03-24-21, 04:01 AM	#1
Catfish Dipped Squirrel Operative Join Date: Sep 2001 Location: ..where the ocean meets the sky Posts: 17,803 Downloads: 38 Uploads: 0	"Virtual value", breathtaking new concept. Like bitcoin and all that __________________ >^..^<*)))>{ All generalizations are wrong.

03-24-21, 05:48 AM	#2
Platapus Fleet Admiral Join Date: Oct 2006 Posts: 19,399 Downloads: 63 Uploads: 0	It is also important to realize that with these types of sales and charities, that the tax laws concerning contributions can often come in to play. In the US, this type of thing is not uncommon. I would imagine that this painting will end up either in another auction or will be donated to some art museum which can also result in tax benefits __________________ abusus non tollit usum - A right should NOT be withheld from people on the basis that some tend to abuse that right.

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