Should Artists Get Royalties if Their Work Is Resold? Europe Says Yes, US Says No
Efforts by artists like Robert Rauschenberg and Chuck Close to bring resale royalties into the U.S. have come to nothing, a recent ruling confirmed.
Laddie John Dill
This Tax Law Created to Reprimand Nixon Has Been Cheating Artists for Decades
Thanks to Nixon gaming the system, when an artist donates a work of art, whether its value is $10 or $10 million, they get no tax incentive. Meanwhile a collector can write off the full price.
Chuck Close and a Team of Artists Sue Christie’s and Sotheby’s Over Royalties
Yesterday, a handful of major artists filed suit against Christie’s and Sotheby’s claiming money owed over a 1976 law in
