Sotheby, sales tax

Sotheby's to pay $6.25 million to settle state lawsuit alleging tax cheating by clients
The state said the auction house helped clients cheat their way out of paying tens of millions of dollars in sales taxes
Sotheby’s Settles $6.25 Million Tax Evasion Lawsuit
New York’s attorney general says the auction house helped eight collectors pose as art dealers to avoid paying taxes on art buys. Sotheby’s admits no wrongdoing.
Sotheby’s Pays $6 Million to Settle NY Sales Tax Evasion Probe
Sotheby’s Inc. agreed to pay $6.25 million to settle a New York state lawsuit that accused it of advising wealthy clients they could avoid sales taxes by falsely claiming they were buying art for resale purposes.
Sotheby's Agrees to Pay New York 6.25 M. To Settle Art Sales Tax Fraud Case
A source familiar with the settlement said that Sotheby's "always believed that the NYAG had the law and facts wrong."
Sotheby's settles New York tax fraud case, pays damages
Sotheby's will pay $6.25 million and adopt reforms to settle New York Attorney General Letitia James' lawsuit accusing the famed auction house of fraudulently helping clients avoid sales taxes on tens of millions of dollars of art purchases.
Sotheby’s Settles Tax Fraud Lawsuit for $6.25 Million
New York’s attorney general said in a lawsuit that the auction house had helped collectors avoid tax payments on art purchases.
Sotheby's to pay $6.25 mln in tax fraud case
The auction house Sotheby's will pay $6.25 million to settle charges that it helped art buyers avoid paying taxes. It said the auction house encouraged buyers to state fraudulently that they were acquiring works for resale later.
The Art Newspaper9h
Sotheby's pays over $6m to settle tax evasion case
Sotheby’s has agreed to pay $6.25m to the state of New York to settle a four-year-long case brought against the auction ...
fingerlakes111d
NYS local sales tax collections rise slightly in third quarter
New York City’s collections grew by 1.1% compared to the previous year, contributing significantly to the statewide increase, ...
Kiplinger1mon
New York Tax Guide
The state sales tax rate is 4%, but New Yorkers pay a higher rate since localities can add as much as 4.53%. In the New York City metro area, there is an additional 0.375% sales tax to ...
Hochul’s New York Driving Tax Is Back
Her ‘pause’ kept the issue from hurting Democrats in the House.
New York And New Jersey Have The Worst Tax Codes According To New Study
According to a new index from the Tax Foundation, New York and New Jersey have the worst tax systems while Wyoming and South ...
New York solar tax credits, incentives and rebates (2024 guide)
The state of New York is an excellent place to go solar, thanks to valuable incentives such as tax credits and direct rebates ...