Tariffs & Customs
Navigating international trade laws requires accurate valuation when importing or exporting fine art. Establishing defensible property values for customs authorities is essential in order to avoid costly penalties and to optimize for potential duties or import tax exemptions. These valuations require a rigorous analysis of provenance, condition, sales records, and market data. Because duty assessments directly impact financial liability, independent appraisals serve as an indispensable safeguard against overpayment, customs audits, and logistical delays at international borders.
What To Expect
Clients receive a comprehensive appraisal report developed in accordance with the appropriate valuation standard for the relevant tax authority. This documentation includes detailed physical descriptions, high-resolution photographic evidence, thorough provenance, condition assessments, and a transparent breakdown of the valuation methodology used. These appraisal reports withstand strict scrutiny from customs officials and tax authorities, providing clarity and seamless border clearance.
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