Three Peter Lanyon artworks acquired in lieu of inheritance tax

Two gouaches and landscape allocated to settle £900,000 owed on Cornish artist’s estate

Three works by Peter Lanyon, one of the most important postwar British painters, have been acquired for the nation in lieu of inheritance tax.

Arts Council England announced on Tuesday that an important abstract landscape painted in the last year of Lanyon’s life and two large gouaches had been accepted, settling just under £900,000 owed on the estate of Lanyon’s widow, Sheila.

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from Culture | The Guardian https://ift.tt/2ZeNm3D