The art of tax evasion

The cat-and-mouse game between wealthy investors and tax authorities over luxury goods is facing greater scrutiny
By Adam Piore | January 14, 2017 05:00PM

From Luxury Listings NYC: It started with a single tip, furtively passed on to New York State Attorney General Eric Schneiderman’s office more than two years ago: A certain wealthy individual was buying big-ticket works of contemporary art, and systematically conspiring to evade state tax laws. These violations, the tipster suggested, were depriving the state of millions of dollars. Did the authorities want to know more? [more]