Gagosian Gallery to Pay New York State $4.3 Million

The Gagosian Gallery, one of the most successful art dealerships in the world, failed to pay New York State sales tax on hundreds of art transactions over a decade, according to Eric T. Schneiderman, the New York State attorney general, who on Tuesday announced an agreement to collect $4.28 million in back taxes, interest and penalties from the business.

“Those who evade art taxes potentially deprive the state of millions of dollars,” Mr. Schneiderman said, “and ordinary New Yorkers are stuck footing the bill.” via NewYorkTimes
Richard Serra Every Which Way, 2015 at Gagosian Gallery through 10/22.16

Richard Serra Every Which Way, 2015 at Gagosian Gallery through 10/22.16