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EFTA02654997

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From: jeffrey E. <jeevacation@gmail.com> Sent: Tuesday, April 4, 2017 2:50 PM To: Melanie Spinella Subject: Fwd: Art update import tax?! -Forwarded message From: Richar= Kahn «mailto Date: Tue, Apr 4, 2017 at 4:48 P= Subject: Art update To: "jeffrey E." <jeevacation@gmail.com> As you know i have been spending a dispropo=tionate amount of time working with Heather (who is lovely) in trying to g=t your Art sold. We paid the sales tax on the Braque. In =summary, you paid 30mm plus tax for the two works of art yet =he estimates received from Sothebys and Christies only total 19mm - 22mm.=C2 This will generate a non￾deductible personal loss of between 7-10 mi=lion dollars . Heather told me that there may be an additional impor= tax on the Giacometti bringing the potential loss to 10-12mm. =span class="HOEnZb"> Richard Kahn HBRK Asso=iates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 fax <tel cell =C2 please note The informat=on contained in this communication is confidential, may be attorney-cli=nt privileged, may constitute inside information, and is intended only =or the use of the addressee. It is the property of TEE Unauthoriz=d use, disclosure or copying of this communication or any part thereof =s strictly prohibited and may be unlawful. If you have received this EFTA_R1_01899653 EFTA02654997 return e-mail o= by e-mail to j=evacation@gmail.com <mailto:jeevacation@gmail.com> , and destroy this communication and all copies =hereof, including all attachments. copyright -all rights reserved </=iv> 2 EFTA_R1_01899654 EFTA02654998