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Pardeep uses his own vehicle for his sole proprietorship. He borrowed money to purchase the vehicle in 2021. The interest he paid on the amount
Pardeep uses his own vehicle for his sole proprietorship. He borrowed money to purchase the vehicle in 2021. The interest he paid on the amount owing for 2023 was $5,700. He drove the vehicle a total of 10,000 km of which 7,200 km were related to employment. How much can he deduct in 2023?
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Pardeep can deduct a maximum of 4500 in 2023 for his vehicle expenses based on the standard ...
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Canadian Income Taxation Planning And Decision Making
Authors: Joan Kitunen, William Buckwold
17th Edition 2014-2015 Version
1259094332, 978-1259094330
