Tag Archives: policy

European Parliament Votes on Cultural Heritage Initiative

Posted on: September 10, 2015 by Ana Laura Blanco

This week the European Parliament debated and adopted a report on the future of cultural heritage in Europe. The report highlighted the economic importance of cultural heritage and pointed the way towards further European legislation in this field. In May 2014, EU Culture Ministers called for the “mainstreaming of cultural heritage in national and European policies” and “the development of […]

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 […]

French Restitution of Three Looted Paintings

Posted on: March 14, 2014 by Alexander Herman

A ceremony took place last Monday to commemorate the most recent restitution of three looted paintings by the French State. The speech accompanying the return by French Minister of Culture Aurélie Filippetti demonstrated a change in approach by the French State regarding looted paintings still held by French Museums. It appears Museums will be required to undertake […]