Capital Cost Allowance (CCA)
The annual depreciation expense allowed by the Canadian Income Tax Act.
Related Terms: ...
Capital Cost Allowance. A taxation term, equivalent to depreciation, that makes allowance for the wearing away of a fixed asset.
Capital Cost Allowance: An amount allowed to be deducted from the value of certain assets when calculating income taxes.
Capital Markets: A general term encompassing all markets for financial investments.
Capital Cost Allowance
The depreciation expense allowed on an asset for tax purposes.
Capital Expenditures
Amount used during a particular period to acquire or improve long-term assets such as property, plant, or equipment.
Capital cost allowance (CCA)
This is the depreciation that is allowed to be expensed for tax purposes for fixed assets, except land.
Capital cost allowance (CCA) is the tax depreciation allowed by the ITA to reflect the loss in value over time of a capital expenditure " a capital asset " due to wear and tear, declining utility, and obsolescence.
Capital Cost Allowance - CCA
A rate of depreciation used for income tax purposes only. This term primarily relates to Canadian taxation.
CCA
Capital Cost Allowance
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CCA - Capital Cost Allowance
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Dictionary Term
capital cost allowance
Dictionary Term
writing-down allowance ...
It is calculated as 25 per cent of a taxpayer's annual resource profits, computed after operating costs and capital cost allowances, but before the deduction of exploration expenses, development expenses, earned depletion and interest expenses.
However the investor can usually deduct enough Capital Cost Allowance to defer the taxes for a long time.
The formula does not take into account any appreciation or depreciation.
Adjusted Cost Base - ACB
Bracket Creep
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Canada Revenue Agency - CRA
Capital Cost Allowance - CCA ...
 See also: Expense, Saving, Preferred share, Capital Loss, Preferred shares
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