ABOUT DISTORTED PAINTINGS
Distorted Paintings create and market a high quality, superior contemporary fine art through international market. Our passion for art enables us to look for the small details that is oriented for the most creative, cheerful and remarkable environments - 100% high quality artistic materials, finely chosen assorted paint, powerful stones and crystals thoroughly refined; an exceptional art delivered in the absolute comfort of your living.
OUR PASSION AND EXPERTISE IN THE CONFORT OF YOUR ENVIRONMENT
ARTS, INVESTMENT & TAXES
Our main priority is our clientele satisfaction who desire integrate Tiffany Pilon's sophisticated art to their environment. Distorted Paintings promotes in developing sustainable and true relationship with our acquirers, our fans, our collaborators, our suppliers and personnel. Sharing our passion with our people, is sharing our love to the world.
With allegiance, Distorted Paintings contribute in spicing up your environment with Tiffany Pilon's paintings, while increasing a long-term investment. The enterprise's vision is to integrate foremost our passion and our expertise, by cultivating interpersonal relationships across the globe. The development of our art market is currently spreading in Canada, Europe and in the United States, and keeps on flourishing. Honored, we are contributing in communities, foundations as well as developing countries, in addition to collaborating with art galleries, events, fundraising organizations and private acquirers.
Acquisition or resale of artworks
Let us recall first that the governments of Quebec and Canada have introduced an incentive in the form of depreciation for a company or individual in business. This regressive deduction is 33.33% of the acquisition cost of the artwork in Quebec and 20% in federal.
To benefit from this measure, it must meet two basic criteria. First, the acquisition must be made in order to earn income. In other words, this means that the artwork must be acquired by a person (individual business or company) in a commercial context, for example, to be exhibited in a business place in full view for the customers. Second, the artwork must have been done by a Canadian artist.
To illustrate the impact of these government regressive cuts, consider the following example. A company or business person buys an artwork by a Canadian artist to hang in an office at the sight of customers. The cost of the artwork is $ 5,000. Amortization of the artwork will therefore be at 20% per year for federal income tax and as to 33.3% for Quebec tax.
In the case of resale, if the artwork has been fully depreciated at both levels of government, an inclusion of an amount equal to the original cost of the artwork will be included in computing income (tax recovery). The difference with the resale price will be considered a capital gain. For example, if the 5,000$ artwork is sold several years later at a price of $ 8,000, the $ 5,000 amortized will be declared as a depreciation recapture (100% included in computing income) and the $ 3,000 difference as a capital gain (less than 50% in the calculation of income).
*Source: Samuel Larochelle, L'art et le fisc : Un mariage payant. La Presse August 11th 2013.
Enlighten your environment with Tiffany Pilon's high-end art pieces!
We provide free assistance for the selection of artworks
Large variety of custom size canvas
Choices of custom works on canvas, wooden panel or sophisticated glass
Service for custom CD coverage and book covers
Certificate of authenticity for each unique pieces
Funding program up to 12 months interest-free
Show the power of your brand!
We will accomodate your request in terms of renting to decorate :
Video clip & video shoot
Series & movies
For only $ 150 per artwork per day or 4% of the value of the painting per month (Min. 6 months), you can make your prestigious events into an unforgettable moment.
Sell your home faster!
Maximize the value of your property by integrating our paintings
Only 4% of the value of the painting for a minimum period of 6 months.
TRANSPORTATION & INSTALLATION
Our team ensures that the transportation and installation of the artworks will be made by our experts in fonction of your location and your availabilities in the best delay.
SHOULD YOU HAVE ANY QUESTIONS, PLEASE DO NOT HESITATE TO CONTACT US. IT IS IN OUR HONOUR TO ASSIST YOU WITH YOUR PROJECT.