Taxes and Treasures: a Panel on Art and the IRS

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James O’Neill 212-854-1584  Cell: 646-596-2935
September 24, 2007 (NEW YORK) – An author who donates his or her manuscripts to a museum can only claim a tax deduction for the cost of the paper it is written on.
Such surprises are among the twists and turns of tax law, charitable giving and the arts that will be discussed October 1 as Columbia Law School presents ``Treasures and Taxes: The Intersection of Art and the Internal Revenue Code.’’ The panel will look at old laws and new that impact the arts community.
WHAT: ``Treasures and Taxes: The Intersection of Art and the Internal Revenue Code’’
WHEN: October 1, 2007, 6 p.m. to 8 p.m.
WHERE: Columbia Law School, Jerome Greene Hall, Room 103.
SPEAKERS: Panelists include art law attorney Ralph Lerner of Sidley Austin LLP; Anita Defanis, co-director of government affairs at the Association of Art Museum Directors; Sarah Geelan ’97, associate counsel of the Guggenheim Foundation; and Daniel Hoffman, consultant in poetry of the Library of Congress (1973-74) who has been lobbying Congress to change the tax code to be more advantageous to artists.
The event is sponsored by the Kernochan Center for Law, Media and the Arts.
Columbia Law School, founded in 1858, stands at the forefront of legal education and of the law in a global society. Columbia Law School joins traditional strengths in international and comparative law, constitutional law, administrative law, business law and human rights law with pioneering work in the areas of intellectual property, digital technology, sexuality and gender, and criminal law.