Status: Tags: Links: Allowable Business Expenses Canada
Capital Cost Allowance
Capital cost is the total price paid for a property, which includes:
- the purchase cost (includes tax)
- any fees associated with buying the property, including legal, accounting, inspection, architectural, etc.
- the cost of any upgrades or improvements to the property that have not already been claimed as expenses
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References: thebalancesmb
Created:: 2021-10-12 16:45