A story I heard is that it's very useful for tax cheating. You want to pay someone a lot of money ? "Sell" them high end art cheap. Nobody questions if art sudd

A story I heard is that it's very useful for tax cheating. You want to pay someone a lot of money ? "Sell" them high end art cheap. Nobody questions if art suddenly sells for 40% less or more, and then resells after a few years for 4x or 5x it's original amount. Of course, not entirely risk-free. Same goes for things like some watch brands and a few other things.