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Jibe Accounting & Tax – Small Business Tax Accountant
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Accelerated Investment Incentive – How Can it Benefit You?

Corporate tax informationBy Safara WalkerFebruary 21, 2020

CRA has established a new rule for Capital Cost Allowance (CCA) called the Accelerated Investment Incentive. This new rule applies to property purchased after Nov. 20, 2018. CCA can be calculated on 1.5 times the value of the asset in the first year of purchase, thus creating a larger amortization expense for this first year.…

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