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6. You can only start taking CCA on an asset in the year it is considered available for use. Question 6 options: True False 7.
6. You can only start taking CCA on an asset in the year it is considered "available for use".
Question 6 options:
True | |
False |
7.
If you buy a class 54 zero emission vehicle for $100,000, you can deduct the full $100,000 as CCA in the year acquired.
Question 7 options:
True | |
False |
8.
There is no recapture or terminal loss on disposal of a class 10.1 vehicle.
Question 8 options:
True | |
False |
9.
Non eligible dividends have a 38% gross up in 2019.
Question 9 options:
True | |
False |
10.
Eligible dividends have a 15% gross up in 2019.
Question 12 options:
True | |
False |
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