You mentioned expensive art, which is a pretty fascinating field because the value of individual pieces can be fairly subjective and difficult to appraise. Thi

You mentioned expensive art, which is a pretty fascinating field because the value of individual pieces can be fairly subjective and difficult to appraise. This has massive tax implications in the United States. Imagine donating a piece of art, which you claim is worth $1 million. But the question of who is allowed to make that claim is quite complex, and often goes unnoticed unless the IRS chooses to investigate. A couple of articles on this: Inflated art appraisals cost U.S. government untold millions https://www.latimes.com/local/la-me-irs2mar02-story.html https://www.latimes.com/local/la-me-irs2mar02-story.html The secretive panel of art experts that tells the IRS how much art is worth https://www.washingtonpost.com/lifestyle/magazine/the-secretive-panel-of-art-experts-that-tells-the-irs-how-much-art-is-worth/2017/12/06/a8bd9dec-a3aa-11e7-8cfe-d5b912fabc99_story.html https://www.washingtonpost.com/lifestyle/magazine/the-secret...