Paris, 10 June 2011, Art Media Agency (AMA).
A communiqué released by ADIAF, the Association for the International Diffusion of French Art, is critical of recent events concerning the proposed amendment of the laws concerning taxation of artworks. The amendment was not adopted by French MP’s.
ADIAF represents more than three hundred French collectors and stated in the press release that “suspecting collectors of being tax-evaders is abominable”. The association supports and promotes artists and French art creation on an international level and insists that the auction records that make headlines often have “no real relation to artistic reality”. ADIAF added that the majority of influential art market figures are driven by a passion for art and that profit made on artworks is mostly “hypothetical, random and highly vulnerable”.
The defenders of French contemporary art organize numerous events to support the artistic scene of the country. Yesterday, they hosted a sale in aid of Japan, which will be continued today. All profits will be used to restore Japanese museums and cultural sites that have been damaged by the earthquakes.