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firtoz
on Feb 6, 2024
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The Sotheby's trial revealed the art market's unsa...
What'd be the alternative if you had not done the 50m -> 75m trick? Pay x$ more in taxes?
BasedInfra
on Feb 6, 2024
[–]
The implication is that they do it purely for tax relief and not as an appreciating asset.
If that was the case they would be losing millions each transaction.
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