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Tax Considerations for Artists and Performers in Canada

    https://quickbooks.intuit.com/ca/resources/taxes/considerations-artists-performers/
    Mar 01, 2019 · Deductions for Artists Who Are Salaried. Composed a musical, dramatic, or literary work. Performed as a musician, singer, dancer, or actor in a musical or …Author: Quickbooks Canada Team

Employed artists - Canada.ca

    https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-return/completing-a-tax-return/deductions-credits-expenses/line-229-other-employment-expenses/employed-artists.html
    Employed artists. composed a dramatic, musical, or literary work. performed as an actor, dancer, singer, or musician in a dramatic or musical work. performed an artistic activity as a member of a professional artists' association that the Minister of Canadian Heritage has certified. created a ...

Tax Deductions & Other Details That Artists in Canada ...

    https://agtax.ca/tax-deductions-other-details-that-artists-in-canada-should-know/
    Jul 08, 2015 · Tax Deductions & Other Details That Artists in Canada Should Know - AG Tax LLP. If you are an artist, i.e. an actor, musician, sculptor, or any other type of artist you could qualify for tax deductions and tax credits that are not available to other people. You are even allowed longer periods of losses for tax purposes by the Canada Revenue Agency (CRA), provided they are supported by …

Tax Tip: Defining a working artist 2021 TurboTax® Canada ...

    https://turbotax.intuit.ca/tips/tax-tip-defining-a-working-artist-200
    Dec 09, 2020 · TurboTax Canada. Posted: December 9, 2020. The Canada Revenue Agency considers you a working artist if you meet certain criteria. These include if you composed a dramatical, musical, or literary work, or performed as an actor, dancer, singer or musician in a musical or dramatical production. You are also eligible if you performed an artistic activity as a member of a professional artists …

Do You Have to Declare Hobby Income in Canada?

    https://www.thebalancesmb.com/do-you-have-to-declare-hobby-income-in-canada-2947311
    Aug 16, 2019 · What you consider to be a hobby may be a business in the eyes of the Canada Revenue Agency (CRA). If you are making a profit from it, then it is considered to be business income.You may not view what you're doing as actually running a business, but the CRA defines a business as "any activity that you do for profit."

Tax Tips for Canadian Musicians MileIQ Canada

    https://mileiq.com/en-ca/blog/tax-tips-canadian-musicians/
    The artist had to pay for their own motor vehicle expenses, as stated in the contract of employment. (Artists may not claim the capital cost allowance if their employer refunds them or offers to refund them for the expenses and the artist refuses) The artist’s employer did not pay or offer to pay a non-taxable allowance for motor vehicle expenses

Canadian Waivers and Taxation for Foreign Artists ...

    https://internationalmusician.org/canadian-waivers-and-taxation-for-foreign-artists/
    May 28, 2015 · Generally, where there is a treaty, if an artist earns less than $5,000 a year in Canada, with certain restrictions on time spent in Canada, a waiver will be granted. For American artists the amount is less than $15,000 per year.

TAX ADVANTAGES FOR ARTISTS - Artists In Canada

    https://www.artistsincanada.com/article/?q=1145
    If you received an artists' project grant, you may be entitled to an exemption to reduce your taxable income. For more information, go to www.cra.gc.ca and search artists' project grants. Expenses can be an important factor in determining an artist’s tax obligations. You may be able deduct the costs of creating a work of art in the year the costs are incurred, rather than in a later year when the art is sold.

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