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For CCA purposes, the capital cost of an asset includes any amounts of GST, HST, or PST that was included in the amount paid for

For CCA purposes, the capital cost of an asset includes any amounts of GST, HST, or PST that was included in the amount paid for the asset. T/F

The method specified in the Income Tax regulation must be used to determine the CCA that can be deducted in each taxation year. T/F

In situations where a Company chooses not to take the maximum CCA available, the amount that is deducted should be deducted from the CC Classes with the lowest rates. T/F

The half-year rules do not apply to Class 14, limited life intangibles. T/F

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