{"id":7072951,"date":"2026-10-02T13:47:16","date_gmt":"2026-10-02T13:47:16","guid":{"rendered":"https:\/\/fivemor.com\/?p=7072951"},"modified":"2026-10-02T13:47:16","modified_gmt":"2026-10-02T13:47:16","slug":"uk-collectors-poised-to-move-if-assets-taxed-and-more-art-news","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=7072951","title":{"rendered":"UK Collectors &#8216;Poised to Move&#8217; if Assets Taxed and More Art News"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\t<em>To receive <a href=\"https:\/\/www.artnews.com\/t\/morning-links\/\">Morning Links<\/a> in your inbox every weekday, sign up for our <\/em><a href=\"https:\/\/cloud.email.artnews.com\/artnews-signup\/\">Breakfast with ARTnews<\/a><em> newsletter<\/em>.<\/p>\n<h2 class=\"heading larva \/\/   a-font-primary-bold-l   \">\n\t\tGood morning!\t<\/h2>\n<div class=\"container \/\/ lrv-u-margin-lr-auto lrv-a-font-body-m   \">\n<ul class=\"wp-block-list\">\n<li>Cairo removed a mural of Pharaoh Tutankhamun and Queen Neferti following criticism that their skin looked too dark.<\/li>\n<li>UK dealers say local art collectors have \u201cgot their fingers poised to move on October 29\u201d if the government announces a rise in capital gains tax rates.<\/li>\n<li>Nine Swiss museums are teaming up to research the provenance of over 6,300 objects from Cameroon.<\/li>\n<\/ul>\n<\/div>\n<h2 class=\"heading larva \/\/   a-font-primary-bold-l   \">\n\t\tThe Headlines\t<\/h2>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\t<strong>ANCIENT CONTROVERSY<\/strong>. The city of Cairo removed a mural depicting <strong>Pharaoh Tutankhamun<\/strong> and <strong>Queen Nefertiti<\/strong> ahead of Chinese President <strong>Xi Jinping<\/strong>\u2018s arrival, following angry backlash from locals who alleged it depicted the royal duo with dark skin, reports <strong><a rel=\"noreferrer noopener nofollow\" target=\"_blank\" href=\"https:\/\/nam02.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fe.mail.artnews.com%2Fclick%3FZTJBBa-MwEEb9W3TOrG3Jke2cdskuLKXk0tJDL2EsTRyRWDLjcVwo_e_FpYGeH28e8_07oaT4i97kN7JEWqa1l-3f1RC82qmybou2smarq6ZFXRcdedOY2qqNcqJ2ahwcIAusKpht1VlXOl2iba3Dlqqya7qKqCTvtIFCbRSvd3_E1Ef2ch9h_VvO1M_IPmBccd5fU4dX8HSjaxoHipLrQts8OckLnXNagHgeZYJ0IwaHgRMMM385Y3ASYg8yC8bLGYc5AkYPkU7EEiTAEuQMHvkC0yXE7On1_3HA6JAjLce_h-c_h7Io9Fp02pht0-rsEdlmPTJM9ZI93PH-G38OAA9i968b995d&amp;data=05%7C02%7Cfaton.ext%40artnews.com%7Ca7a938d7df6847fecf0b08df208656a9%7Ce950f25546e44144a778a6ff4f557492%7C0%7C0%7C639265433520721026%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=VurVrGr6ZAJy6%2FWm%2FhnP%2FoKuSGBqSBvgBscFO25rwN8%3D&amp;reserved=0\"><em>The Guardian<\/em><\/a><\/strong>. \u201cWe used a golden-bronze tone that cast a kind of shadow on the faces at night, so they appeared dark-skinned,\u201d said <strong>Ahmed Moussa<\/strong>, who participated in the mural\u2019s creation, only to be asked by local officials to paint over it. However, controversy began to build as allegations circulated that the depictions perpetuated an \u201cAfrocentric\u201d view asserting that the ancient Egyptian civilization was of Black African origins. \u201cClaims linking ancient Egyptian civilization to sub-Saharan Africa are nonsense,\u201d said <strong>Zahi Hawass<\/strong>, Egypt\u2019s former antiquities minister, who also scolded authorities for allowing the project without proper oversight.<\/p>\n<section class=\"article-related-links \/\/ a-pull-3@tablet lrv-u-text-align-center@tablet u-width-250@tablet lrv-u-padding-lr-050 lrv-a-floated-left@tablet lrv-u-margin-r-1 lrv-u-margin-b-1\">\n<h2 id=\"section-heading\" class=\"c-heading larva  lrv-u-font-family-secondary lrv-u-font-weight-bold lrv-u-font-size-26@tablet a-pull-up-above-item\">\n<p>\t\tRelated Articles<\/p>\n<\/h2>\n<div class=\"u-border-color-brand-primary u-border-a-10@tablet u-padding-lr-1@tablet u-padding-b-1@tablet\">\n<div class=\"c-lazy-image  a-pull-up-item a-hidden@mobile-max u-box-shadow-medium lrv-u-margin-b-050\">\n<div class=\"lrv-a-crop-3x2\" style=\"\">\n<p>\t\t\t\t\t\t<img class=\"c-lazy-image__img lrv-u-background-color-grey-lightest lrv-u-width-100p lrv-u-display-block lrv-u-height-auto\" src=\"https:\/\/www.artnews.com\/wp-content\/uploads\/2026\/07\/GettyImages-2241678506.jpg?w=150&amp;h=150&amp;crop=1\" alt=\"French police officers stand next to a furniture elevator used by robbers to enter the Louvre Museum, on Quai Francois Mitterrand, in Paris on October 19, 2025. Robbers broke in to the Louvre and fled with jewellery on October 19, 2025 morning, a source close to the case said, adding that its value was still being evaluated. A police source said an unknown number of thieves arrived on a scooter armed with small chainsaws and used a goods lift to reach the room they were targeting. (Photo by Dimitar DILKOFF \/ AFP) (Photo by DIMITAR DILKOFF\/AFP via Getty Images)\" srcset=\"https:\/\/www.artnews.com\/wp-content\/uploads\/2026\/07\/GettyImages-2241678506.jpg 1024w, https:\/\/www.artnews.com\/wp-content\/uploads\/2026\/07\/GettyImages-2241678506.jpg?resize=400,267 400w, https:\/\/www.artnews.com\/wp-content\/uploads\/2026\/07\/GettyImages-2241678506.jpg?resize=699,466 699w\" data-lazy-sizes=\"(min-width: 87.5rem) 1000px, (min-width: 78.75rem) 681px, (min-width: 48rem) 450px, (max-width: 48rem) 250px\" height=\"\" width=\"\" decoding=\"async\"\/><\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/section>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\t<strong>TAXATION TREPIDATION<\/strong>. UK art collectors have \u201cgot their fingers poised to move on October 29\u201d if the government announces a rise in capital gains tax rates, said <strong>Philip Hoffman<\/strong>, chief executive of the <strong>Fine Art Group<\/strong>, speaking to the <strong><em><a href=\"https:\/\/nam02.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fe.mail.artnews.com%2Fclick%3FZTJDPSgNBDIf3Webc2PmzOzvTk1IFEelF8eClZLJpXdjdltmUFsR3lykWPAQCX5KP_J52KIfpji9yj1kmPs_FV62_1dh3aqVMG3WsvWtsHSLaVifuXHCtVwtFolbqOBJgFiir4Jo6eTJkDfroCSPXJoVUMxvuyDrQaqFyuftPpn6qj1sI5W_5YulHvrIlnQY5ZV5illI9Ddce6DAMTHLIMxAee8EB9thPMwheIJ26PQtYbT2EJqRmN16O1dvn83bEiTBPfN4-bt4fNkZrW6bIOteEaKtXzL7aY4a5PVcvN7z-w78DAAcse4926f8e&amp;data=05%7C02%7Cfaton.ext%40artnews.com%7Ca7a938d7df6847fecf0b08df208656a9%7Ce950f25546e44144a778a6ff4f557492%7C0%7C0%7C639265433520741555%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=WUsiuj4AxSQWSOG6wULjct%2Bgz1%2B6D%2BOXSA3V5rPpNi0%3D&amp;reserved=0\" rel=\"nofollow\" target=\"_blank\">Times of London<\/a><\/em><\/strong>. There is widespread speculation that Chancellor <strong>John Healey<\/strong> will introduce the tax later this month, which could apply to assets, such as artworks, leading some dealers to remove artworks from the country, according to the report. A new rate could amount to a 40 percent or 45 percent tax on asset sales, raised from the current 24 percent, per the <em>Times<\/em>.<\/p>\n<h2 class=\"heading larva \/\/   a-font-primary-bold-l   \">\n\t\t<strong>The Digest<\/strong>\t<\/h2>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tNine museums in Switzerland are teaming up, with federal funding, to research the <strong>provenance<\/strong> of over 6,300 objects from Cameroon in their collections. [<a href=\"https:\/\/nam02.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fe.mail.artnews.com%2Fclick%3FZTJBNSwMxEIbzW3LuuPnYZjc9KVUQkV4UD17KbHbarpBkSdKuIP53CbTgcXhm5uF9nw5YYrij73KPqQRacvWx7Q_308g3XHZW2NbotWp7i6oTA426153hK-4K3_DZO8BUoJ6CXreDcdIpicYah5ZaOfRDSyRpdEqD4Cue6t9_Mv7LPm4l1NzlRFc640yprjRKKNNI0QjVhCkQ5GXKGfw509lnKBGmcKFcpiMWgjnFCwUMjiAeoJziOWMYcx3i8EWuZDik6MGhpxRjYG-fz3uPwWEKtOwfd-8POymEqlKntF73VrFXTIYdMUHuFvZyw9sr_hsA9se50d9a0c&amp;data=05%7C02%7Cfaton.ext%40artnews.com%7Ca7a938d7df6847fecf0b08df208656a9%7Ce950f25546e44144a778a6ff4f557492%7C0%7C0%7C639265433520783111%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=HNgzGS8T2mGa9QnawNed2HFPT1MjzIweZy5P60F132o%3D&amp;reserved=0\" rel=\"nofollow\" target=\"_blank\">The Art Newspaper<\/a>]<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\t<strong>Fondation Beyeler Director Sam Keller<\/strong> discusses the reasons for the Swiss institution\u2019s $144.9 million expansion, and no, it was not a business decision. [<a href=\"https:\/\/nam02.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fe.mail.artnews.com%2Fclick%3FZTJHdbtQwEIXzLJa4as36J3HiSpUIpZQimtIuVIKb1cQ7SQMbO3FMNyzi3ZGhK3Jlaaz5Ruc7lw0EZ1_iHF6BDxb3U7yXXPwifbclZ4TnmulUyUykhQaRsxq3spC5IqfEBHJGht5Q8IHGVSqztFaGG8FBaWVAY8rrok4ROW6NkJSRU-Ijd3GM_E4ejhJi7sXX6kheeXzq4ts4u4XQOUtr_Ik79BTnAewUJ25A29mWDhjQ08OPPjw6T7mQaa615tkqWX99t-nBGvAW95s31aey4owJwYQyQsqs0CL5AF4l49LvAQMs1WEP3e7vwEA_QNfa87Kirz3C9wamcEJPOKNM0IiNmhE3g3euOf88XgmomxfibWWKJ5jLWzWqOtuNzVoJ_zi7-2K6vfOXbfFw96U6XE3XZTncf_x2fYMCoLuR63-tPeP-d5NlLGnB0ynfJ--PiS6eE_0ZAAbm8628d559&amp;data=05%7C02%7Cfaton.ext%40artnews.com%7Ca7a938d7df6847fecf0b08df208656a9%7Ce950f25546e44144a778a6ff4f557492%7C0%7C0%7C639265433520804403%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=6aLeoqVmnIo7wbJRFuE40Jee8F8eRCNK0kvZ2gyt%2F4g%3D&amp;reserved=0\" rel=\"nofollow\" target=\"_blank\">ARTnews<\/a>]<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\t<strong>Jackson Pollock<\/strong>\u2019s one-bedroom, 687-square-foot Manhattan loft is up for sale for $1.9 million. [<a href=\"https:\/\/nam02.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fe.mail.artnews.com%2Fclick%3FZTJBNSwMxEEDzW3Lu2HxtNulJqYKI9KJ48FJms9NSm92UbDCC-N9lFwte5zHvMfNwwJLGG_oqt5jLSHWae2z7zYdTzzdctl54Y3WjjPOoWtFRr51uLV_xUPiGX4YAmAvMq6Ab09kgg5JovQ3oycjOdYZIUh-UBsFXPM_efzH-w96uT1hmC1vuXs_mmnLs1x8YzlMa4ZJiTOEMlaYCn6cY8UgQ06HAhJFAOelMq9nL--N-wDFgHqnu73evdzsphFJC2aC0bpxX7BmzZUfMMLWVPV3x9g__DgA0n18652ee3&amp;data=05%7C02%7Cfaton.ext%40artnews.com%7Ca7a938d7df6847fecf0b08df208656a9%7Ce950f25546e44144a778a6ff4f557492%7C0%7C0%7C639265433520824203%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=JnFTnUmOfRThmzUU0IowArMAG8AucSOdZ20GHKP8sTs%3D&amp;reserved=0\" rel=\"nofollow\" target=\"_blank\">Artnet News<\/a>]<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tIn a final \u201cLibra Season\u201d column for <em>Spike Magazine<\/em>, critic <strong>Travis Diehl<\/strong> explores \u201cwhat criticism is good for.\u201d [<a href=\"https:\/\/nam02.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fe.mail.artnews.com%2Fclick%3FZTNDPSsNAEMfxfZY9d-z-STfZnpQqiEgvigcvZTIZ62KzKbMLEcV3l4AFzx9mvvC7e8M65Sv-rNcoNfNclp7afesxDXqrbRtNbILfuKaL6FrT8-A73wa90lT1Vp9HApQKyyn4TdMHsuQshhgIIze27_qG2fJAzoPRKy3L338x_aNeLiOUc_pglDriEb9S5sXXKDXRicv6lHpBKIxlyjC_YwWSVBOlMgJhhmFST6_3hxEzoWSeD7f755u9NcY54wI57zdddOoRJagjCpR2Vg8X3v3x7wA4o08d57b9b&amp;data=05%7C02%7Cfaton.ext%40artnews.com%7Ca7a938d7df6847fecf0b08df208656a9%7Ce950f25546e44144a778a6ff4f557492%7C0%7C0%7C639265433520847785%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=D7Gg%2BsXnffsShcXc522rmfg6oBIwPiJ07SpYfdlv2ok%3D&amp;reserved=0\" rel=\"nofollow\" target=\"_blank\">Spike Magazine<\/a>]<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\t<strong>Cyra Levenson<\/strong> has been named the next president of the <strong>Yaddo artist residency<\/strong> in Saratoga Springs, New York. [<a href=\"https:\/\/nam02.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fe.mail.artnews.com%2Fclick%3FZTNDPSsNAEMfxfZY9d-z-STfZnpQqiEgvigcvZTI7lkCyKZPFGMR3l4CK5y8zH_jdvWEZ8xV_lGuUknmeVk8dPvXQJb3Xto4mVsHvXNVEdLVpOfnG10FvNBW915eBAKXAegp-V7WBLDmLIQbCyJVtm7ZitpzIeTB6o2X9-w_TX-rlb4TlwoJ9z3LuaI1bWgSh53fO05ihjNAzJlgwpXF1u6mA8NQlzrRs1dPr_WnATCiZ59Pt8fnmaI1xzrhAzvtdE516RAnqjAJTPauH33z4yd8DAA2ucd2e1679&amp;data=05%7C02%7Cfaton.ext%40artnews.com%7Ca7a938d7df6847fecf0b08df208656a9%7Ce950f25546e44144a778a6ff4f557492%7C0%7C0%7C639265433520867578%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=3O8vNywqaLjcMu16AnATOFtoAO55Z4K2vXB%2FNtWFeBw%3D&amp;reserved=0\" rel=\"nofollow\" target=\"_blank\">Hyperallergic<\/a>]<\/p>\n<h2 class=\"heading larva \/\/   a-font-primary-bold-l   \">\n\t\tThe Kicker\t<\/h2>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\t<strong>GATEWAY TURNED GATE<\/strong>. The <strong>Lucas Museum of Narrative Art<\/strong> has fenced off its central plaza, beneath the spaceship-like, hovering building, reports the <strong><a rel=\"noreferrer noopener nofollow\" target=\"_blank\" href=\"https:\/\/nam02.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fe.mail.artnews.com%2Fclick%3FZTNDNSsNAEMDxPMueO2Y_0k3Sk1IFEelF8eClTHanNdDdLbsTYhHfXSIWPP-Z-THzcEBO8YY--RYzR5rL4lXbLxFGLzZCtb3sG2vWuul61K0cyJvOtFashGOxEefgADPDMgpm3QzWKacV2t467KlRQzc0RIq80wakWIm87P2Hie_q7fqE5e4T8hjoN9UUmTLjGANFXpxSF075UmupLSgJUtWnyWGBMBWaAozRfVABTjNmD0dk8uBSOKcpesACI4NL2adYIB0O4NKU-YLZVy_vj_uA0WGONO_vd693OyWlXhynjVl3va6eMdvqiBlKO1dP17z9yz8DAA7rdb5146a2&amp;data=05%7C02%7Cfaton.ext%40artnews.com%7Ca7a938d7df6847fecf0b08df208656a9%7Ce950f25546e44144a778a6ff4f557492%7C0%7C0%7C639265433520887416%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=tdl%2BNpT29PdlQqNg7gzA50z%2FkJiokrNuenySUuIAfhc%3D&amp;reserved=0\"><em>Los Angeles Times<\/em><\/a><\/strong>. But that was not part of the original plan, or immediately apparent to visitors while previewing the much-awaited new museum in Los Angeles. What was first billed as a \u201cgateway, it turns out, is more like a gate,\u201d writes Sam Lubell. The museum has cited <strong>safety concerns<\/strong> as one reason visitors will have to pass security controls before entering the plaza, and an adjacent park has no such barriers. But Lubell says the new blocks \u201cwill dramatically limit the public\u2019s desire to enter and change the tenor and experience of a space that should feel porous and inclusive.\u201d He later adds that the privately controlled public space means \u201caccess ultimately depends on the owner\u2019s discretion,\u201d despite the museum leasing the site from the state for just $30 a year.<\/p>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>To receive Morning Links in your inbox every weekday, sign up for our Breakfast with ARTnews newsletter. Good morning! Cairo removed a mural of Pharaoh Tutankhamun and Queen Neferti following criticism that their skin looked too dark. UK dealers say local art collectors have \u201cgot their fingers poised to move on October 29\u201d if the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7072953,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[100],"tags":[1885,25859,3624,199418,11341,1820,29636,125537],"dealstore":[],"offerexpiration":[],"class_list":["post-7072951","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-art","tag-art","tag-assets","tag-collectors","tag-morning-links","tag-move","tag-news","tag-poised","tag-taxed"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>UK Collectors &#039;Poised to Move&#039; if Assets Taxed and More Art News - Som2ny Network<\/title>\n<meta name=\"description\" content=\"Mural of &#039;Afrocentric&#039; Nefertiti painted over in Cairo following backlash and Swiss museums to research provenance of over 6,300 objects from Cameroon.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=7072951\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UK Collectors &#039;Poised to Move&#039; 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