Accepted by
the nation in lieu of tax on Freud's estate, this body of work includes emblematic works by one of our finest contemporary painters, including his 1962 scene of London's Leicester Square as a building site, rendered in high - impasto semi-abstract smears of red, orange, ochre and grey.
Earlier this year, this collection was accepted
in lieu of inheritance
tax by HM Government and has been acquired for the
nation by Arts Council England, to be allocated to public museums and galleries.
«The highlight among the examples
of [the] Acceptance
in Lieu [scheme] is the extraordinary collection of paintings, drawings and cards by Frank Auerbach, assembled by his friend Lucian Freud, and offered to the nation in lieu of # 16 million of tax,» said Arts Council England chairman Sir Peter Bazalge
Lieu [scheme] is the extraordinary collection
of paintings, drawings and cards by Frank Auerbach, assembled by his friend Lucian Freud, and offered to the
nation in lieu of # 16 million of tax,» said Arts Council England chairman Sir Peter Bazalge
lieu of # 16 million
of tax,» said Arts Council England chairman Sir Peter Bazalgette.