Tuesday, March 19, 2024
 

Get the Art Out!


Here’s a great example of how legislators can think myopically. Germany’s recent law regulating the export of valuable artworks is having (un)intended consequences. The law, “passed in July 2016, stipulates that owners of works of art worth more than €150,000 [~$169,000 USD] must obtain an export license for work to be shipped out of the European Union.” Rather than keeping works in, the law is forcing collectors to ship their artworks out. Ausgezeichnet!

 

Tags: , , , ,

Comments

No comments so far.
 
Legal

Clancco, Clancco: The Source for Art & Law, Clancco.com, and Art & Law are trademarks owned by Sergio Muñoz Sarmiento. The views expressed on this site are those of Sergio Muñoz Sarmiento and of the artists and writers who submit to Clancco.com. They are not the views of any other organization, legal or otherwise. All content contained on or made available through Clancco.com is not intended to and does not constitute legal advice and no attorney-client relationship is formed, nor is anything submitted to Clancco.com treated as confidential.

Website Terms of Use, Privacy, and Applicable Law.
 

Switch to our mobile site