Did you know that you can benefit from a tax advantage when you buy an original painting?

Did you know what you can do when you buy an original painting?

Indeed, the acquisition of a work of art such as a painting can give right to a depreciation expense.

The formula is simple, only 3 conditions are required:

1. The property acquired must be capital property acquired after November 12, 1981;

2. the acquisition must be made for the purpose of earning income. Thus the work of art must be acquired in a commercial context, for example in order to be displayed in a business location in the sight of customers: offices, conference rooms, waiting areas, etc .;

3. The creator of the work must be Canadian. This meant that he had to be a citizen or permanent resident of Canada at the time the work was created.

 “The acquisition of a work of art = AN INVESTMENT,  so why not make a stone 3 shots? “

1. Enhance your work environment, decorate your walls according to your tastes, with original works;

2. You invest in works of art created by local artists, and your acquisitions will increase in market value over the years;

3. You benefit from tax advantages because the acquisition of tables gives right to amortization expenses.

The Québec tax incentive is a deduction of 33.33% of the acquisition cost of the work, while the federal tax credit  is 20%.

ARTIST RATINGS

Here is the market value of my original abstract contemporary paintings in 2024. The value increases annually, an approximate average increase of 5% is generally awarded at the beginning of the year. Consult the legal notices page to find out more about the general conditions of sale.

Size in inches Metric Market value
24” x 24” 61 x 61 cm $1 320
24” x 30” 61 x 76 cm $1 595
20” x 40” 51 x 102 cm $1 760
24” x 36” 61 x 91 cm $1 900
30” x 30” 76 x 76 cm $1 980
24” x 40” 61 x 102 cm $2 100
30” x 36” 76 x 91 cm $2 365
24” x 48” 61 x 122 cm $2 530
30” x 40” 76 x 102 cm $2 640
36” x 36” 91 x 91 cm $2 750
40” x 40” 102 x 102 cm $3 300
36” x 48” 91 x 122 cm $3 600
30” x 60” 76 x 152 cm $3 740
36” x 54” 91 x 137 cm $4 100
48” x 48” 122 x 122 cm $4 785
40” x 60” 102 x 152 cm $5 115
36” x 72” 91 x 183 cm $5 500
48” x 60” 122 x 152 cm $6 050
48” x 72” 122 x 183 cm $7 150

• Canadian dollar prices;
• Taxes, coaching and transport not included;
• Price plus $500 for a tailor-made creation and allow 30 working days for the performance of the work;
• Prices above are subject to change without notice.

Consult the legal notices page to find out more about the general conditions of sale.

DIGIGRAPHY (GICLESS) LIMITED DRAW

Each copy is numbered, titled, signed by me the artist and authenticated with my certification seal.

The authentication seal is pressed onto the art paper resulting in embossed embossing in the lower right corner of the digigraphy.

PAINTINGS AND DIGITAL ART

A selection of some paintings and my digital creations are available as a limited-print digigraphy (gicless), on museum quality, acid-free art paper. Only 21 copies available in total per work, Limited Edition as follows:

Small format 8.5” x 11” ………… $160 [Limited Edition @ 12 copies]

Large format 17” x 22” ………… $350 [Limited Edition @ 7 copies]

Small square format 13” x 13” ………… $200 [Limited Edition @ 12 copies]

Medium square format 17” x 17” ………… $300 [Limited Edition @ 7 copies]

Note: the image of the work is positioned centered inside the paper size, leaving a minimum margin of half inch to 1.25 inches all around depending on the format.

• Canadian dollar prices;
• Framing not included;
• Taxes and transport not included;
• Prices above are subject to change without notice.

Consult the legal notices page to find out more about the general conditions of sale.

UNIQUE WORKS ON PAPER

Ink, collage and / or mixed media on St-Armand paper, manufactured in Québec.

Small size 22 “X 15”: $350

Large format 30 “X 22”: $500

• Canadian dollar prices;
• Framing not included;
• Taxes and transport not included;
• Prices above are subject to change without notice.

Consult the legal notices page to find out more about the general conditions of sale.