Tag Archives: corporation

Dutch Restitutions Committee rejects Stettiner claim

Posted on: April 17, 2015 by Alexander Herman

Last month, the Dutch Restitutions Committee published its recommendation regarding a claim brought forward by the heirs of the three Stettiner siblings who ran the Stettiner Gallery in Paris until it was closed during the Second World War. The claim involved a portrait by Salomon Koninck (1609-1656) entitled Old Man with Beard, which currently forms part […]

Artworks now considered depreciable assets in Japan

Posted on: March 25, 2015 by Makoto Shimada

Over the last couple of months, Japanese companies have been flocking to galleries to purchase inexpensive artworks. This trend is a result of a significant governmental change in relation to taxation policy which was adopted from January 2015. According to the newly amended Corporate and Income Tax Law Interpretive Regulations announced by the National Tax […]