Taxation

2012 Automobile Deduction Limits and Expense

2012 Automobile Deduction Limits and Expense Benefit Rates for Business   Below are the automobile expense deduction limits and the prescribed rates for the automobile operating expense benefit for 2012: The ceiling on the capital cost of passenger vehicles for capital cost allowance (CCA) purposes will remain at $30,000 … read more The limit on deductible leasing costs will remain...

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