France Demands $330 Million In Back Taxes From Art Dealer Guy Wildenstein

http://www.businessinsider.com/france-demands-330-million-in-back-taxes-from-art-dealer-guy-wildenstein-2012-2

Februray 4, 2012

French authorities are claiming that art dealer

Guy Wildenstein

owes $330 million in back taxes to the French internal revenue service for undervaluing the estate of his father, Daniel Wildenstein,

ArtInfo reports

.

The French internal revenue service reportedly determined that Guy Wildenstein had hidden parts of his inheritance in trusts in Jersey, the Bahamas, and the Virgin Islands, according to ArtInfo (via Le Point).

Add this indictment to the list of legal challenges Wildenstein is already facing. In 2009, his stepmother sued for fraud related to his father's estate.

And in July of last year, Wildenstien was charged with "possession of stolen goods and breach of trust" when French authorities found 30 artworks described as "missing or stolen" in his vault in Paris.

Now check out 10 works of art that were destroyed by anger, carelessness or insanity >

France Demands $330 Million In Back Taxes From Art Dealer Guy Wildenstein