Art News. Vasari Codex

trending_up market schedule Sep 18, 2025 visibility 19 link 7 artists, 8 galleries

art world italy gallery boom

Austrian art dealer Thaddaeus Ropac is opening a new gallery in Milan, his seventh location, despite initial concerns over Italy's high value-added tax (VAT) on art, which was Europe's highest at 22 percent. The Italian government slashed the VAT to 5 percent in June after pressure from art market players, making it the lowest in the EU. The gallery, spanning over 3,000 square feet in the 18th-century Palazzo Belgioioso, opens on September 20 with a show featuring Georg Baselitz and Lucio Fontana, followed by exhibitions of Valie Export and Ketty La Rocca. Elena Bonanno di Linguaglossa will serve as executive director.

newspaper Cultured open_in_new Read original

article policy schedule Jun 5, 2025 visibility 14 link 5 artists

more italians take avantage of art for taxes scheme

The Italian government has successfully revived a program allowing citizens to use cultural treasures, fine art, antique books, and villas to satisfy tax bills. Culture and Tourism Minister Dario Franceschini named a panel to tally the value of works offered for income and inheritance taxes, aiming to reinvigorate a scheme established in 1982 that previously attracted little interest. The program mirrors similar initiatives in other EU countries, notably Britain, where a comparable plan drew works worth $80.4 million in 2012–13.

newspaper Artnet News open_in_new Read original

trending_up market schedule Nov 7, 2025 visibility 21 link 7 artists, 3 galleries

Pursuing ‘a different economy’, London gallery Herald St will open new space in Bologna

London gallery Herald St, known for nurturing artists like Nicole Wermers, Cary Kwok, and Pablo Bronstein over the past 20 years, will open a new space in Bologna, Italy, in early 2025. Co-founder Nicky Verber cites the city's strong local collector base, excellent institutions such as Mambo (Museo d'Arte Moderna di Bologna), and its connectivity to Venice, Milan, and Florence as key draws. The gallery has deepened ties with Bologna through a 2020 group exhibition, signing local artist Francis Offman in 2021, and participating in Arte Fiera. The new space, located in the medieval center, will feature three exhibition rooms and open with a show by abstract painter Matt Connors, hosting three to four exhibitions annually compared to five or six in London.

newspaper The Art Newspaper open_in_new Read original

museum exhibitions schedule Dec 1, 2025 visibility 24 link 11 artists, 1 gallery

sonnabend collection works museum italy arte povera pop art

A new museum dedicated to the legendary art collection of dealer Ileana Sonnabend opened in Mantua, Italy, this past weekend. Housed in the 13th-century Palazzo della Ragione, the Sonnabend Collection Mantova displays nearly 100 artworks valued at $270 million, including masterpieces by Pop artists like Roy Lichtenstein and Andy Warhol, Arte Povera sculptors such as Michelangelo Pistoletto, and contemporary figures like Bruce Nauman. The project is a partnership between the Municipality of Mantua, the Sonnabend Collection Foundation, and Marsilio Arte, with a six-year renewable loan agreement.

newspaper ARTnews open_in_new Read original

article news schedule Mar 31, 2026 visibility 18 link 6 artists

Fastest Art Heist in History?

Thieves stole three valuable paintings by Cézanne, Matisse, and Renoir from a small museum in northern Italy in a heist that reportedly took less than three minutes. The combined value of the artworks is estimated at around $10 million.

newspaper Hyperallergic open_in_new Read original

trending_up market schedule Apr 7, 2026 visibility 26 link 2 artists, 5 galleries

Milan’s contemporary art credentials further bolstered by arrival of Paris Internationale

Paris Internationale, the influential non-profit art fair, has announced its inaugural Milan edition featuring a lineup of 34 galleries. Scheduled to coincide with Milan Art Week, Miart, and the Salone del Mobile, the fair includes prominent participants such as Jocelyn Wolff, kaufmann repetto, and Sylvia Kouvali. The move signals a strategic expansion for the French organization into a city increasingly recognized for its intersection of art, design, and high-level production.

newspaper The Art Newspaper open_in_new Read original

article policy schedule Jun 24, 2025 visibility 16 link 4 artists, 3 galleries

italy cuts art vat to 5 percent

Italy has announced a reduction in its VAT on art sales from 22 percent to 5 percent, the lowest rate in the European Union. The move, approved in a cabinet meeting and set to take effect within days, follows sustained pressure from Italian galleries, artists, auction houses, and art market players. The new rate must be approved by parliament within 60 days to become permanent. The change aligns with an EU directive allowing member states to lower taxes on art sales to at least 5 percent, and comes after the government initially resisted calls for reform.

newspaper ARTnews open_in_new Read original

trending_up market schedule Sep 24, 2025 visibility 22 link 20 artists, 3 galleries

Thaddaeus Ropac is betting on Milan—will it pay off?

Austrian dealer Thaddaeus Ropac opened a new gallery in Milan on September 20, capitalizing on Italy's newly reduced 5% VAT on art imports—the lowest in the EU—and an influx of wealthy expats from London following the UK's abolition of non-dom tax status. The gallery occupies the first floor of the historic Palazzo Belgioioso, with Elena Bonanno di Linguaglossa appointed as director. Ropac's move follows his earlier successful expansions into Seoul and Pantin, which proved prescient.

newspaper The Art Newspaper open_in_new Read original

article policy schedule Jun 23, 2025 visibility 14 link 3 artists

‘Momentous’: Italy to slash art VAT to 5%, the lowest rate in the EU

Italian lawmakers have approved a reduction of VAT on art sales from 22% to 5%, the lowest rate in the European Union. The decision, announced by culture minister Alessandro Giuli after a cabinet meeting on June 20, is expected to take effect this week. The reform follows intense lobbying by art market groups and a letter signed by 500 art world figures, including artists Maurizio Cattelan and Michelangelo Pistoletto, who warned the high rate was turning Italy into a "cultural desert." The tax cut must be passed by parliament within 60 days to remain in force, and may also apply to import VAT, potentially making Italy the most competitive art market in Europe from a tax standpoint.

newspaper The Art Newspaper open_in_new Read original

article culture schedule May 8, 2026 source 2 sources visibility 15 link 2 artists

A View From the Easel

Brenda Zlamany returns to her ancestral village near Pollino National Park in Italy, where she paints in a converted sausage factory and grows her own olives. The 336th installment of Hyperallergic's 'A View From the Easel' series profiles her studio life in a remote, car-free village that her grandfather left as a cobbler 100 years ago.

newspaper Hyperallergic open_in_new Read original

article policy schedule Feb 9, 2026 visibility 11 link 2 artists

italian prime ministers face erased from rome fresco after complaints from the vatican

The face of an angel in a fresco at Rome's Basilica of St. Lawrence in Lucina, which bore a resemblance to Italian Prime Minister Giorgia Meloni, has been erased. Artist Bruno Valentinetti, who restored his own 2000 fresco, removed the image last week following an inquiry by Italy's culture ministry and the diocese of Rome, stating he acted at the Vatican's request.

newspaper ARTnews open_in_new Read original

article news schedule Oct 2, 2025 visibility 18 link 2 artists

Italy's art police seize 21 suspected forgeries from Dalí exhibition

Italian art police, the Carabinieri TPC, seized 21 suspected forgeries attributed to Salvador Dalí from the exhibition "Dalí, Between Art and Myth" at Palazzo Tarasconi in Parma. The works, including 18 lithographs and three drawings, were among 80 pieces on display. A Rome court ordered the seizure after Dalí experts in Spain and the Gala-Salvador Dalí Foundation expressed doubts about their authenticity. The investigation began with a routine check in January, and the Carabinieri waited until the show opened to confiscate the works, which were loaned by two Italian individuals. The exhibition was organized by Navigare company and had previously run at Rome's Historical Museum of the Italian Army Infantry.

newspaper The Art Newspaper open_in_new Read original

trending_up market schedule Dec 5, 2025 visibility 9 link 1 gallery

Hauser & Wirth will expand gallery empire to Italian city of Palermo

Hauser & Wirth, the global gallery empire with 18 spaces worldwide, has acquired the historic Palazzo Forcella De Seta in Palermo, Sicily, to open a new venue. The deal was formalized in mid-November and awaits approval from regional authorities and the Italian Ministry of Culture. The gallery plans to restore the 2,000-square-meter building, which previously hosted Manifesta 12 in 2018, and create an arts destination with cultural programming, echoing its successful model in Somerset, Menorca, and Los Angeles.

newspaper The Art Newspaper open_in_new Read original