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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.

 
 

Follow this link for all the terms related to tax.

 
 Embedded terms in definition
 Amortization
Capital expenditure
Capital
Expenses
Order
Tax shield
 
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