Select Committee on Culture, Media and Sport Minutes of Evidence


Examination of Witnesses (Questions 280 - 282)

TUESDAY 9 JANUARY 2007

THE ART FUND

  Q280  Helen Southworth: To UK institutions?

  Mr Barrie: Yes, so our own great national institutions are attracting larger cash gifts from their American friends than they are from their UK supporters.

  Q281  Helen Southworth: Will the American donors be getting dispensation in America?

  Mr Barrie: They will be getting tax relief in the States because the national institutions of course have their own tax vehicles set up in the United States.

  Q282  Chairman: So the American Government give tax relief for donations towards UK purchases?

  Mr Barrie: Yes, we benefit greatly from the generosity of the American Government.

  Chairman: That is very generous. I am afraid that time is pressing on and we are going to have to move to our next session but thank you very much indeed.





 
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