UK Reveals Nearly $80 M. Worth of Art Donated by Collectors in Order to Reduce Tax Burdens
Edgar Degas, Danseuses roses, ca. 1897–1901. Courtesy National Gallery, London Arts Council England has announced the results of the 2024-25 edition of its Cultural Gifts Scheme (CGS) and Acceptance in Lieu (AIL) initiatives. Thirty-two artworks entered public collections this cycle, with a combined value of almost $80 million. Highlights include Edgar Degas’s pastel Danseuses roses (ca. …
