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Find what is the maximum capital cost allowance deduction

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Reference no: EM132941610

Canadian Tax 

The information provided below is related to Class 8 assets for the current year 2020.

Undepreciated Capital Cost (UCC) beginning balance: $96,211

Cost of additions: $27,425

Dispositions (disposals): $11,170

Problem 1: Using this information, what is the maximum capital cost allowance (CCA) deduction for the Class 8 assets during 2020?

Reference no: EM132941610

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