Long Island Art Dealer Glafira Rosales has been charged with tax fraud and the sale of several millions of dollars in forged art.  Rosales reportedly failed to disclose over $12.5 Million she had learned form the sale of the works, made through the already embattled Knoedler Gallery in New York.  Authorities assert that in many cases, Rosales had acted as a mediator for sales of work, although in some cases she reportedly fabricated the selling client, and kept the sales profits for herself.  “As alleged, Glafira Rosales gave new meaning to the phrase ‘artful dodger’ by avoiding taxes on millions of dollars in income from dealing in fake artworks for fake clients,” Manhattan United States Attorney Preet Bharara said in a statement. (more…)

The Ammersee home of German painter Georg Baselitz has been raided by German tax officials, who seized several crates of files as part of investigation into tax evasion.  The artist was implicated in tax dodging after his name appeared on a list of secret bank account holders with the Swiss bank UBS.  Baselitz had been quoted earlier this year as saying: “Despite all the taxes people pay, there supposedly isn’t any money in this country for art.” (more…)