Identify whether each of the following items is a permanent or a temporary difference. CCA = capital
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Identify whether each of the following items is a permanent or a temporary difference.
CCA = capital cost allowance
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a. b. C. d. e. Item Golf club dues that are not deductible for tax purposes Depreciation of property, plant, and equipment ver- sus the tax method of CCA* Warranty liabilities for which only the actual amount of cash paid is deductible for tax purposes Percentage of completion income that is taxable only once the contract is complete Dividends received that are not taxable Permanent Temporary
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