In this new series, we convened a 'virtual art panel' of external art law experts representing four different countries in Europe - UK, France, Italy, and Switzerland - to explain how their jurisdiction approaches key issues surrounding the acquisition and movement of art and cultural objects, and the various things you come up against when owning an art collection.
From taxes and legal frameworks to incentives that encourage the transfer of art, our panellists explore five distinct topics, each shedding light on how their respective countries handle each art-related matter.
In Part I of this series, we asked our 'virtual art panel' to explain how Gift Tax is handled in their respective countries, highlighting gifting to a charity, and available exemptions.
Disclaimer
All legal responses contained herein were obtained as at 07.11.2025
Whilst every effort is made to ensure that the information provided is accurate and up to date, some of the information may be rendered inaccurate by changes in applicable laws and regulations. For example, the levels and bases of taxation may change.
This information should not be considered as tax advice. Tax treatment depends upon individual circumstances and individuals should seek professional tax advice as necessary.