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high vat rates art sales spain protest reina sofia 1234774135

Hundreds of artists, gallery owners, and collectors staged coordinated sit-ins at major Spanish museums, including the Museo Reina Sofía, to protest the country's 21 percent Value Added Tax (VAT) on art sales. Demonstrators gathered around Richard Serra’s 'Equal-Parallel/Guernica-Bengasi'—a replica of a work that famously vanished from storage—to symbolize the potential disappearance of the Spanish art sector under current fiscal pressures. The protests included demands for the resignation of the culture and finance ministers and calls for tax parity with European neighbors.

10 Galleries That Had a Breakout Year in 2025

The article highlights 10 galleries that achieved significant growth and recognition in 2025, despite a challenging market environment marked by tariffs and trade uncertainty. Featured galleries include Tokyo's CON__, which gained global visibility through standout presentations at Frieze Seoul and NADA New York; Munich and New York-based LOHAUS SOMINSKY, which debuted at Art Basel Miami Beach and opened a Tribeca outpost; and Chicago's Hans Goodrich, which quickly established itself with a cross-generational exhibition program and international fair appearances.

The 5 Best Booths at Art Cologne Palma Mallorca 2026

Art Cologne has officially relaunched its satellite fair in Palma, Mallorca, nearly two decades after its initial 2007 debut. The 2026 edition features 88 participating galleries and runs through April 12, showcasing a curated selection of international and local talent within the Balearic Islands' evolving cultural landscape.

France Restitutes Talking Drum to Ivory Coast; Will Free Entry to UK Museums End Soon? Morning Links for February 23, 2026

france restitutes talking drum to ivory coast will free entry to uk museums to end soon morning links for february 23 2026 1234774139

France has officially repatriated the 'talking drum,' or Djidji Ayokwe, to the Ivory Coast after it was seized by colonial officers in 1916. The restitution required a specific act of French law to remove the artifact from the national collection at the Musée du Quai Branly. Simultaneously, the Spanish art community is staging sit-in protests at the Reina Sofia Museum to demand a reduction in the 21 percent VAT on art sales, while the UK faces a growing debate over ending free museum entry due to a significant deficit at the National Gallery.

The 5 Best Booths at ARCOmadrid 2026

A new foundation for contemporary art has been born in Spain. Collector Gabriel Calparsoro told us about it

In Spagna è nata una nuova fondazione per l’arte contemporanea. Il collezionista Gabriel Calparsoro ce l’ha raccontata

The Calparsoro Foundation, a new contemporary art foundation, has been launched in Spain by collector Gabriel Calparsoro. Its inaugural event was the presentation of Isaac Julien's video installation "Once Again … (Statues never die)" at the Museo Lazaro Galdiano in Madrid. The foundation aims to share Calparsoro's private collection of around 180 works, which focuses on North American and international artists addressing political and social issues related to ethnic and gender minorities.

Collecting in Madrid: 50 Ways to Build the Contemporary

COLECCIONAR EN MADRID: 50 FORMAS DE CONSTRUIR LO CONTEMPORÁNEO

The exhibition 'Madrid Colecciona. 50 colecciones de arte contemporáneo' opened at CentroCentro, showcasing a hundred works from fifty private collections in Madrid. It shifts focus from the artwork and artist to the often-opaque figure of the collector, allowing each collector to present two pieces: one of personal significance and one recent acquisition, accompanied by their own explanatory texts.

Pinta Lima Offered Curated Content–and Context–for the Curious

Pinta Lima, the 13th edition of the art fair, opened with a vibrant VIP preview and strong attendance of 16,000 visitors. The fair features around 50 booths and special presentations, with a curation-driven approach that includes sections like NEXT (curated by Juan Canela) and RADAR (curated by Ilaria Conti), as well as FORO panel discussions. The fair emphasizes Latin American art, particularly Peruvian contemporary art, and is part of the broader Pinta network that stages fairs and Art Weeks across Latin America and the U.S. Textile, fiber, and ceramic works are notably prominent, recontextualizing indigenous craft traditions.