Modigliani Estimated to Be Worth Some NIS 30 Million to Be Auctioned In Israel - Without the Art

A Modigliani, the most expensive painting ever to be auctioned in Israel, is one of 91 works up for sale. But the painting itself won't make an appearance here to avoid an 18 percent value added tax.

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A masterpiece by Italian Jewish artist Amadeo Modigliani, estimated to be worth NIS 30 million, will be offered at public auction in Israel in the coming weeks. It is the most expensive painting ever to be...