Art Tax Services
We provide specialised tax services tailored to the art sector, aimed at helping clients navigate the unique tax considerations and obligations in the art world. Our expertise enables us to offer practical, customised solutions that support effective tax planning, reporting, and compliance across a broad range of art-related transactions.
Our services are carefully tailored to address the unique needs of various stakeholders, including private collectors seeking advice on acquisition, ownership, and disposition strategies; family offices aiming to manage multi-generational art portfolios in a tax-efficient manner; and wealth managers looking to integrate art assets into their clients' overall financial plans.
We also collaborate closely with art advisors, dealers, galleries, and other art businesses, providing support for the tax-efficient structuring of art transactions, GST/VAT and income tax compliance, and reporting obligations in cross-border dealings.
We assist artists in managing income from sales, commissions, and royalties, while also advising on expense deductions and tax obligations that arise from both local and international activities.
Whether clients acquire, sell, gift, loan, or inherit artworks, we provide insights to help them understand the tax implications of each decision. Our goal is to assist clients in protecting and growing the value of their art assets while remaining fully compliant with relevant tax laws and regulations.
Get In Touch
For more information please contact Michael Velten.
michael@veltenadvisors.com
+6590687547
391B Orchard Rd, Level 22, Ngee Ann City Tower B, Singapore 238874
