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I was interested in learning more about this but my googling couldn't turn up anything from NPR. The piece couldn't be sold because it features a stuffed bald
by Fuzzwah 13y ago
I was interested in learning more about this but my googling couldn't turn up anything from NPR.
The piece couldn't be sold because it features a stuffed bald eagle (of which sale and even ownership of is prohibited by the 1940 Bald and Golden Eagle Protection Act and the 1918 Migratory Bird Treaty Act).
I did dig up these:
http://www.nytimes.com/2012/07/22/arts/design/a-catch-22-of-art-and-taxes-starring-a-stuffed-eagle.html http://www.nytimes.com/2012/07/22/arts/design/a-catch-22-of-...
http://www.forbes.com/sites/janetnovack/2012/07/22/the-irs-art-advisory-panel-has-its-head-inthe-clouds/ http://www.forbes.com/sites/janetnovack/2012/07/22/the-irs-a...
http://dontmesswithtaxes.typepad.com/dont_mess_with_taxes/2012/11/irs-deal-provides-museum-home-for-art-work-no-tax-bill-for-former-owners.html http://dontmesswithtaxes.typepad.com/dont_mess_with_taxes/20...
The outcome was that they donated to the MoMa, but weren't allowed to claim a tax deduction for the donation. So yeah... kind of screwed.