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 ...

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

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

The auction house Sotheby's will pay $6.25 million to settle charges that it helped art buyers avoid paying taxes. It said ...

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

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

Sotheby's has agreed to pay $6.25 million to resolve a lawsuit by the New York Attorney General accusing it of enabling clients to evade taxes on art purchases. The settlement includes damages and ...

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

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