UK: Bankers with Few Options
With the rise in UK taxation, and an ever more onerous regulatory environment, UK bankers are looking for options. The conventional thinking was that other options existed, and that Westminster had better move carefully on suppressing City activity. …
Australia: Taxation on Subsequent Transfer of Art
The Resale Royalty for Visual Artists Act 2009, which was passed by the Australian Senate into law last week (November 26th) will mean Australia’s visual artists will receive a portion of the proceeds from the resale of their…