A Freeport Comes to Luxembourg, or, Why Those Wishing to Hide Assets Purchase Fine Art

This article addresses how global art markets are becoming an outlet of choice for those wishing to hide assets. Recent efforts by the OECD and the U.S. Treasury have made it more difficult for people to avoid taxes by taking money “offshore”. These efforts, however, do not cover physical assets suc...

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Bibliographic Details
Main Author: Samuel Weeks
Format: Article
Language:English
Published: MDPI AG 2020-08-01
Series:Arts
Subjects:
Online Access:https://www.mdpi.com/2076-0752/9/3/87