August, 2021 – Immediate Expensing Of Capital Property: Tax Planning
December 14, 2021
The 2021 federal budget’s proposed immediate expensing rules could affect certain CCPCs. Businesses planning to acquire capital assets should consider how those acquisitions may be affected by the proposed rules on immediate expensing of eligible property for Canadian-controlled private corporations (CCPCs). These new rules, announced in the 2021 federal budget, may