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The IRS Art Advisory Panel Has Its Head In The Clouds - Forbes
 Forbes <img alt="" height="1" width="1" /> The IRS Art Advisory Panel Has Its Head In The Clouds Forbes Today's New York Times catches up with Forbes' February report on the bizarre tax dispute over the value of Robert Rauschenberg's famous collage â??Canyonâ??â??part of the estate of modern art dealer Ileana Sonnabend, who died in 2007 at the age of 92. Art's Sale Value? Zero. The Tax Bill? $29 Million.New York Times Value: $0, Taxes: $40 MillionCommentary Art object can't be sold, but IRS still wants big cutMinneapolis Star Tribune Milwaukee Journal Sentinel (blog) all 7 news articles » More... |
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