Are you curious to learn more about the art collecting landscape in Canada? Boasting a number of esteemed collections, Canadian corporations have a long history of collecting artworks that reflect the nation's rich cultural heritage and commitment to the arts. Here are ten notable examples throughout the country:

For art collectors in the UK, strategically using artworks and cultural assets can offer significant tax benefits while contributing to the nation’s heritage. The Acceptance in Lieu (AIL) scheme is a unique initiative allowing individuals to settle tax liabilities by transferring important works of art and cultural property to public ownership. These donations can not only reduce tax burdens but also enrich the UK’s cultural heritage in the process.

In recent years, Europe’s fine art market has navigated a labyrinth of new regulations and post-Brexit economic tensions. The trend looks to continue, with the European Union’s Regulation 2019/880—set to come into full effect in June 2025—which aims to clamp down on the illicit trade of cultural goods. President Donald Trump’s proposed plan to impose tariffs of 25% on EU imports, as have already been applied to those from Canada and Mexico (in addition to tariffs of 20% on goods arriving from China) has sent shockwaves through transatlantic trade discussions. Together, these measures are poised to reshape how fine art is bought, sold, and traded across Europe.

An interview from the Art Lawyer Association entitled “Navigating Art Imports in 2025: An Art Shipper’s Perspective”.

Every piece of art tells a story, but some resonate so deeply with collectors and audiences alike that they gain the cultural influence necessary to command exceptional sums at auction and via private sales.

For nearly a year, European art dealers and market watchers have been sounding the alarm over a new European Union rule, Directive 2022/542, that aims to standardize member-states’ notoriously complex value-added tax system.