Daria Nevskaya

“GRANY” FOUNDATION PRESENTS

Daria Nevskaya
Contemporary Problems of Taxation Regarding Inherited Private Art Collections

#2 2020 (71)

The inheritance of artworks has been, historically, a problematic issue. There are disputes between heirs, concealment of artworks by those who are not heirs but have access to the premises in which the artworks are stored, taxation questions and intellectual rights issues. All of these matters should be considered when succession planning for any art collection. Otherwise, there is a great risk that such collections could go to third parties.