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AK Files: Mexico Waives Tax on Artists

Mexico City -- For almost 60 years, many artists have not paid a dime to the Tax Administration Service (SAT), the Mexican equivalent of the IRS.

More than 700 artists across Mexico take part in a Pago en Especie (Payment in Kind) program—the only one of its type in the world—that allows artists to pay federal income taxes with their own artwork.

Art collectors of Art Kabinett social media network hope more countries develop incentive plans to help the fine arts, as presently exists in Mexico.

In 1957, muralist David Alfaro Siqueiros, one of the most influential artists of his generation, approached the secretariat of finance, both pictured here, with a proposal to keep a friend and fellow artist out of jail for tax evasion: Let him pay his debt in art.

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