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Shane Crottyvia bALANelcher
Last login: 27-12-2013 22:03
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"Canyon" by Robert Rauschenberg, 1959

"Because the work, a sculptural combine, includes a stuffed bald eagle, a bird under federal protection, the heirs would be committing a felony if they ever tried to sell it. So their appraisers have valued the work at zero.
But the IRS takes a different view. It has appraised “Canyon” at $65 million and is demanding that the owners pay $29.2 million in taxes.”

http://nyti.ms/O9N29D

http://www.ijreview.com/2012/07/11314-irs-demands-29-million-in-estate-taxes-for-item-that-cannot-be-sold/


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Liked by 4 users

Tatiana Domazetovich
schönenberger jürg (hurk)
Holger Stroecks
ewge



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