Private corporations that buy and exhibit works of art that are Canadian in origin in order to enhance the company’s prestige are eligible to tax amortization. If two conditions are met –that is, the art work should be Canadian in origin and should be displayed in an office to the view of clients– annual deduction is 20% of the value at the federal level and 33.3% at the provincial level.
For more information -> firstname.lastname@example.org 514. 315. 8900