Sotheby's settles for $6.25 million over clients' tax evasion on art purchases after a New York investigation.

Sotheby’s has agreed to pay $6.25 million to the state of New York and implement several reforms to resolve a tax fraud ...

The collection, estimated at around $3 million, contains works by three generations of the Wyeth family, including N.C., ...

Take a rare visual journey of twentieth and twenty-first century masterpieces ahead of Christie’s Fall Marquee Week, with ...

A source familiar with the settlement said that Sotheby's "always believed that the NYAG had the law and facts wrong." ...

New York’s attorney general says the auction house helped eight collectors pose as art dealers to avoid paying taxes on art ...

The state said the auction house helped clients cheat their way out of paying tens of millions of dollars in sales taxes ...

Sotheby's will pay $6.25 million and adopt reforms to settle New York Attorney General Letitia James' lawsuit accusing the ...

A marble bust bought for £5 (around Rs 540) and long used as a doorstop may soon fetch over £2.5 million (Rs 2.68 crore).

Painter Frank Auerbach, who fled Nazi Germany to Britain as a child, has died at age 93, his representatives say. One of the foremost painters of the 20th century, Auerbach died at his home in London ...

The U.S. flag draped over one shoulder to cover the Reebok logo during the Olympic gold medal ceremony in Barcelona '92 was ...