A key concern for those involved in buying and selling art or antiques, especially internationally, is finding the most tax-efficient way to do business.
We regularly assess the advantages and disadvantages of doing business through a limited liability company, partnership or corporation and the potential tax liability dependent on the choice of business entity. We advise clients concerned about the VAT, import VAT or customs duties payable on the art or antiques they are buying and assist businesses wishing to appeal a decision of the relevant authorities, or looking to negotiate a compromise solution.
We also have significant experience in advising on the personal tax implications for the owners of the enterprise.
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With our insolvency team we give guidance on dissolution.
We help businesses which are expanding or reorganizing and our clients comprise commercial galleries, art dealers and art advisers in the UK and the US, mainly in London and New York.
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Paul M. Roy
DD: +1 203 974 0332
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Pierre Valentin
DD: +44 (0)20 7597 6285