What maximum cca deduction that f can claim in current year
Problem
On July 1 of the current year F purchased a franchise and commenced operating a new business as a sole proprietor. The franchise cost $80,000 and has a 20-year term. What is the maximum CCA deduction that F can claim in the current year?
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On July 1 of the current year F purchased a franchise and commenced operating. What is the maximum CCA deduction that F can claim in the current year?
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