this post was submitted on 18 Aug 2024
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High value art has been a vehicle for tax evasion and money laundering for quite some time.
https://www.cnn.com/2020/07/29/business/art-money-laundering-sanctions-senate/index.html
https://www.taxnotes.com/featured-analysis/concealed-masterpieces-intersection-taxation-and-art-market/2022/09/23/7f3ks