Tax Deductions for Buying Canadian Art

Supporting local artists and buying Canadian art just got even better! If it meets the following criteria, it qualifies as a tax deduction. Perhaps it’s finally time to invest in your home office/work space?

The art must be:

  • created by a Canadian artist
  • over $200 in value
  • exhibited in your place of business and in view of clients

Get in touch with your Accountant for the full details.

Source: Investing in Canadian Art — A Tax Perspective, by CASCADE Chartered Professional Accountants LLC

One of my corporate clients, InGenius Software, has purchased more than one piece from me. Here is an image from 2013, where we are getting ready to hang a large telephone booth mosaic of mine. This very talented, Ottawa-based firm provides companies like the Government of Canada, Nortel, and Telus with IT recruitment, custom software products, and telephony software solutions. It was their telephony software slant that drew them to my “Telephone Booth”. Above, owners Rich Loen and Dale Gantous pose with me just after delivery. That wall shape and colour was made for this particular artwork, don’t you think?

UPDATE: I’m thrilled to announce that Rich and Dale have won many awards over the years, and have sold InGenius Software to Upland Software. Here is their new website at Upland.

InGenius Software hanging my telephone booth mosaic artwork. InGenius now owned by Upland Softare.


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