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What Will The Impact Be For Charity Wine Auction Donations? The Tax Court’s Decision on Wine Valuations.

Charity Wine Auction

Below Warren Porter shares his thoughts on the latest Canadian Tax Court decision on wine valuations and the ruling’s potential impact on donations to charity wine auctions. Last week the tax court rendered it’s long awaited decision regarding the definition of fair market value for wines donated to charity.  I won’t reiterate the details here…

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Wine Industry Report Q2 2016 | DRC, Lake Louise Wine Summit, Sotheby’s, Live-Ex

Six lots of Romanee-Conti Domain were withdrawn from wine auction after American fraud expert Don Cornwell called into question their authenticity. The Lake Louise Wine Summit was a hit and Warren Porter used the opportunity to look for Alberta collectors who we were looking to sell their vintage collections. Highlights of the summit included a…

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Wine Industry Report Q3/4 2016 | Zachy’s, Live-Ex, Maureen Downey Winefraud.com, Jaboulet Aine, Hermitage La Chapelle

wine 1999 latour 3000 ml

Auction news includes highlights from the Zachy’s wine auction which featured classic 1961 Brodeaux lots of Chateau Latour and La Mission Haut-Brion; and Hart Davis Hart’s auction in September featuring a wine consignment of La Fleur-Petrus, Le Pin, La Mission, and Haut-Brion. Live-ex Fine Wine Index saw positive growth through the year with four record…

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