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Cca

• Capital Cost Allowance. This is the method of depreciation (amortization) required by Canada Customs and Revenue Agency (CCRA). It is a non-cash expense that increases cash flow.

 
 Embedded terms in definition
 Agency
Capital cost allowance
Capital
Cash flow
Cash
Depreciation
 
 Referenced Terms
 Capital cost allowance: Abbreviated Cca. The term for the amortization system that must be used for income tax purposes when reporting to Canada Customs and Revenue Agency. It is a non-cash expense that increases cash flow.

 Cca rates: Rates set by Canada Customs and Revenue Agency (CCRA) that are used to calculate Cca on an asset class: the rates range from 4 percent to 100 percent.

 Tax breaks: One form of government incentive used to encourage corporate capital expenditures involving the tax savings associated with being able to claim non-cash expenses like amortization (Cca). The CCA rate can be increased by Order-in-Council in order to increase the tax shield benefits available to companies.

 
 Related Terms
 Cca rates

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