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

Visitors to New York City’s famed Flatiron Building may have noticed the landmark’s lesser-known neighbor — a narrow ...

New York’s attorney general said in a lawsuit that the auction house had helped collectors avoid tax payments on art ...

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

The terms of the settlement in New York allowed Sotheby's to resolve the issue without admitting any wrongdoing ...

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 ...

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

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

Employees at the auction house nudged wealthy clients to use questionable strategies in order to dodge millions in taxes, ...

The most valuable lot of the week is a record-breaking Magritte with a third-party guarantee, but the most talked-about is a ...

One such tax cheat art fanatic, dubbed “the collector” bought $27 million in art from Sotheby’s between 2010 and 2015 and ...