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This could get ugly – Cy Twombly’s Assets Targeted by Italian Authorities in Multimillion-Dollar Tax Evasion Case

February 13, 2012

All is not well for the estate of Cy Twombly.  Artinfo.com reports that “Italian authorities claim that the legendary painter, who died last year, evaded taxes on a cache of 40-odd paintings sold between 2005 and 2009 for some €80 million ($106 million).”  Twombly’s son Allessandro is in the cross-hairs of Italian officials who suspect him of being part of this alleged tax evasion scheme.

Allessandro Twombly, son of pioneering artist Cy Twombly. Artinfo.com.

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