Good question, but money laundering has a cost, its not free. As I understand it, you pay the person that markets and drives up the price, got to pay off the auction houses too. Nobody wants to know where the money comes from, they just move it thru the system.
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21750152? ago
Are art sales taxed?
21752758? ago
Good question, but money laundering has a cost, its not free. As I understand it, you pay the person that markets and drives up the price, got to pay off the auction houses too. Nobody wants to know where the money comes from, they just move it thru the system.
21758419? ago
If you give someone your pile of money in exchange for a piece of art... Where is the point when you get a clean pile back?