Sotheby’s settles with New York for $6.25M over tax fraud
Reported by Johan Sheridan New York Attorney General Letitia James announced a $6.25 million settlement with Sotheby’s, the iconic New York City auction house, for helping clients avoid millions in sales taxes. From 2010 to 2020, Sotheby’s let clients claim phony tax exemptions on millions of dollars in art purchases. “A prominent auction house went out […]