4 ms·
Haha, so then, if your art is stolen from a freeport, you don't ever pay the taxes. This makes the hilarious incentive for people to steal their own purchased
by simonsarris 6y ago
Haha, so then, if your art is stolen from a freeport, you don't ever pay the taxes.
This makes the hilarious incentive for people to steal their own purchased artwork from themselves, so they can finally display it (while dodging the tax). Or else just claim its still in storage while absconding the work to the manor, etc.
- biztos 6y agoI would imagine the security protocols of freeports like Geneva or Singapore make it pretty hard to fake any theft; and artworks valuable enough to be stored in places like that are usually insured, so you'd have the insurance investigator to deal with. Claiming it's in storage while it's actually not: that might work, especially if it's something small and you can smuggle in a copy.