Question
Calculate the amount of CCA you can deduct each year for 2020,2021 and 2022 and calculate ending UCC on Dec 31 2022 based on the
Calculate the amount of CCA you can deduct each year for 2020,2021 and 2022 and calculate ending UCC on Dec 31 2022 based on the below information: Opening UCC - $300,000 Purchase asset in 2020 (class 10) 30% CCA Rate for $24,000 Dispose asset in 2020 (class 10) 30% CCA for $11,000 with a cost of $26,000 Purchase asset in 2021(class 10) 30% CCA Rate for $16,000 No purchases in 2022 Eligible for ACCLL
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Canadian Income Taxation Planning And Decision Making
Authors: Joan Kitunen, William Buckwold
17th Edition 2014-2015 Version
1259094332, 978-1259094330
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