Skip to content

Gagosian Gallery to Pay $4.28 Million in Tax Settlement

  • New York attorney general and Gagosian reached agreement
  • Accord on unpaid taxes on art shipped to and from the state
Updated on

The Gagosian Gallery agreed to a $4.28 million settlement for failing to pay taxes on art sales, New York Attorney General Eric Schneiderman said in a statement Tuesday.

The attorney general said that for at least a decade Pre-War Art Inc., a California affiliate of the gallery, sold and shipped almost $40 million of art to customers in New York without collecting or remitting state and local sales taxes. The office also said that from at least 2012 to 2015, the gallery sold a significant volume of art in New York that was shipped out of state without paying the required taxes.