This publication was cancelled as of 2020-10-09 and replaced with Income Tax Folio S4-F14-C1, Artists and Writers.
This bulletin deals with the determination of income, for income tax purposes, of a visual artist or writer. The main topics discussed are:
criteria used to determine whether a visual artist or writer is an employee or self-employed,
factors to be considered in determining the existence of a reasonable expectation of profit,
valuation of inventories,
implications of charitable donations of capital property
and of inventory (including cultural gifts), and
artists’ employment expenses deduction allowed under
The special concerns of performing artists are discussed in the current version of IT-525, Performing Artists. The word “artist” as used hereinafter refers to a visual artist.