Attorney General Letitia James emphasized that "Sotheby's intentionally broke the law to help its clients dodge millions of dollars in taxes, and now they are going to pay for it," highlighting the severity of the situation.
The detailed complaint described how "employees provided the Collector with resale certificates even though they knew full well that he was buying art for his personal use," indicating a clear intent to facilitate tax evasion.
James stated, "Every person and company in New York knows they are required to pay taxes, and when people break the rules, we all lose out," underscoring the broader impact of tax evasion.
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