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- Thu Mar 28, 2024 2:57 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Corporate CCA and Amortization
- Replies: 0
- Views: 1337
Corporate CCA and Amortization
I have a Corporate Tax T2 questions. I purchased a car on my corporations name in 2023 for $80k + HST = $90,400. I can justify 100% use for corporate and can classify under CLASS 10 for CCA. Am I doing this right? 1. In Schedule 100: GIFI 1742 MOTOR VEHICLES input $90,400 2. In Schedule 100: GIFI 17...