Epstein's Role in a Pricey Art Deal.

The article reveals the role of financier Jeffrey Epstein in the art deal of private equity mogul Leon Black, who sold an Alberto Giacometti sculpture from his private art collection to a trust controlled by Epstein. It takes a look at Black's deferral of payment of capital gains taxes relating to the deal and the tax and estate advisory work that Epstein provided Black. It discusses Epstein's financial transaction involving Haze Trust to take advantage of federal tax code 1031 exchange.