A passenger vehicle was purchased on May 1, 2023 by James Bond which the company he worked for signed a T2200. The car was purchased on May 1, 2023 at a cost of $30,000 before HST (13%) and he drove it 19,000 KM for business. His full mileage for 2023 was 24,000 KM.

Calculate cca.

Answer rating: 100% (QA)

To calculate the Capital Cost Allowance CCA for a passenger vehicle used for business purposes we ne... View the full answer