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Canadian Tax Law HST = 13% In the current year H Ltd., an HST registrant, disposed of a passenger vehicle (cost $36,000; UCC $17,000) for
Canadian Tax Law
HST = 13%
In the current year H Ltd., an HST registrant, disposed of a passenger vehicle (cost $36,000; UCC $17,000) for $12,000. At the same time H purchased a new passenger vehicle for $41,000 plus HST. What is the maximum CCA deduction that H can claim in the current year? Note: Do not place a minus sign in front of the amount. $ 20300 xStep by Step Solution
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