On March 1 of the current year G, who operates a wholesale business, leased a new warehouse

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On March 1 of the current year G, who operates a wholesale business, leased a new warehouse space and immediately spent $130,000 improving the interior of the building. The lease contract is for 3 years with an option to renew the lease for two additional 2-year terms.

Q) What is the maximum CCA deduction that G can claim in the current year?

Posted Date: Jun 14, 2024 02:30 AM

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On March 1 of the current year G, who operates a wholesale business, leased a new warehouse

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