The maximum capital cost allowance claim, Taxation

During the current year, Denos Corporation incurred costs of $45,000 for leasehold improvements to its newly rented building. The lease was signed in the current year for an initial term of three years plus four successive options to renew the lease, each for an additional one year term. What is the maximum capital cost allowance claim in the current year?

Posted Date: 3/16/2013 6:32:38 AM | Location : United States







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