Vanc. Sun “Blockbuster donation of ‘Michelangelo’ sculptures turns into multi-million-dollar bust”

January 26, 2013 | By: .(JavaScript must be enabled to view this email address) Mark Blumberg
Topics: What's New from the Charities Directorate of CRA, Canadian Charity Law, Receipting by Canadian Registered Charities

The Vancouver Sun has recently written an article “Blockbuster donation of ‘Michelangelo’ sculptures turns into multi-million-dollar bust: Sotheby’s says tiny terracotta sculptures are worth $200,000 to $300,000, a fraction of their appraised value”.  The article discusses the valuation of certain sculptures donated to a Canadian registered charity and using the Cultural Property Export Review board for the donation. 

You can read the full story at http://www.vancouversun.com/travel/Blockbuster+donation+Michelangelo+sculptures+turns+into+multi+million+dollar+bust/7875342/story.html

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