Art Dealer Guy Wildenstein Caught in €600 Million Tax Evasion Case

  • September 22, 2014 00:11

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Guy Wildenstein
Scion of the art dealing family, New York-based Guy Wildenstein faces payment of €75 million in a case stemming from French inheritance taxes left unpaid after his father's death. 

The French Treasury notified the family of a €600 million tax adjustment in 2012. Of that, €250 million is linked to Guy Wildenstein who is charged with channeling funds to offshore accounts in Guernsey and the Cayman Islands. If he is found guilty in the case, the €75 million sum paid before the verdict is issued will be retained.

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Tags: european art

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