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Taxpayer s charitable deduction for artwork donation denied
An art dealer and collector lacked reasonable cause for failing to properly document a sculpture’s value, the Tax Court holds.
New york
United states
Heinrich schweizer
Tax court
Metra chem corp
Minneapolis institute of art
Schweizer tax court
West africa
Minneapolis institute
Noncash charitable
Tax Court Denies Charitable Deduction for Donation of Sculpture
Taxpayer, who was an art expert, didn’t meet substantiation requirements.
Heinrichc schweizer
Heinrich schweizer
Marthal albrecht
Tax court
Oceanic art department
Taxpayer donation to museum tax
Minneapolis institute of art
Tax court decision
Internal revenue code section
Oceanic art
Minneapolis institute
Treasury regulations section
How to Avoid Losing a $600,000 Charitable Deduction
When claiming a deduction for a non-cash contribution of property, ensure that Form 8283 is filled out properly.
New york
United states
Michael oliver
Heinrich schweizer
Minneapolis art institute
Tax court
Art advisory panel on
New york city
Dogon sculpture
African art
Fair market appraisal
Art advisory panel
Fair market value
Fair market
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