Tax Tips
Corporate Art Collecting
From the small home office, to the hallways of a large corporation, there are many benefits for business owners looking to purchase Original Canadian Art.
Did you know the Canadian tax law allows business owners to purchase and write-off Original Canadian Art in its entirety? The acquisition of Original Canadian Art is included in the Capital Cost Allowance for all Canadian businesses, as long as the Artist was a Canadian Citizen when creating the work and the work of art is an Original worth a minimum of $200.
Original art is an investment that you can enjoy, visually. You are the owner of a one of a kind piece of art. You are investing in Canadian heritage and your investment will ensure this heritage will continue to live on and inspire the next generation of Canadian artists.
Art Gallery
