âI want you to be totally naked. It's not going to be shot like a porn or anything. Itâs going to be done like Tom Ford, like YSL; itâs going to be intellectual, itâs going to be beautiful, and itâs going to be about you.â
"The letter expressed 'serious concern' about the 22% tax on art sold in the country, which it said had created an 'alarming situation' for artists and was turning the country into a 'cultural desert'."},{
Among those listed are the galleries Opera, Carl Kostyál and White Cube. The fines outlined were issued between 1 January 2024 and 30 September 2024, with AMP penalties averaging above £3,000 and reaching as high as £13,000, all for failing to apply for registration by the June 2021 deadline.
"The decision has been brewing for a while and I've done everything I wanted to do with the gallery: built an exciting programme, worked with amazing artists..."
Sotheby's reversal of its new fee structure reflects miscalculations regarding the dynamic and psychological aspects of the art market, leading to a loss of market share.