David Bowie’s £33 million art sale negates hefty inheritance tax bill
To put the ‘Bowie effect’ into cold hard figures, the sale was expected to raise between £11,680,000 and £17,080,000.
In fact, cumulative sale proceeds were £32,906,250. To read more on how the auction of David Bowie’s eclectic art collection demonstrates the value of art as a tax-offsetting investment, head to Spear's Wealth Management Magazine.
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