We are able to provide intelligent and practical advice in respect of all the financial aspects of art transactions including audit, tax advice and the structuring of trusts and other holding vehicles for the acquisition and long term ownership of art.
We also provide advice on international transactions involving international trade, complex VAT issues and duty and bond issues, such as bonded warehouses and free ports. We undertake VAT mitigation work relating to the purchase/sale of works of art both within the EU and outside the EU. Experience has shown that having an in-depth knowledge of the EU VAT rules relating to art, and an understanding our clients’ affairs, assists in tailoring transactions to meet the needs of the client.
We have unrivalled experience of advising on complex issues, which often involve a number of jurisdictions with their associated tax implications. This has given us a unique understanding of the requirements of artists, dealers, private collectors, art institutions, auction houses, advisors, and galleries; with works ranging from old masters through to contemporary art.
Our approach has always been to provide the best technical expertise whilst delivering a friendly, confident and discreet service.