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yes, so $9091 back in GST, $13,636 on tax and then depreciate it as well. not that great I suppose - but then it is appreciating

particularly an appreciating asset such as art (vs. say a declining asset such as a car) in fact I can't think of a better asset to buy for a business with a high income. you certainly can't buy land and get a 50% write off!

art is also eligible for the 50% special business write off. it's a huge incentive