Acronym | Definition |
---|---|
CCA | Court of Criminal Appeal |
CCA | Certified Crop Adviser |
CCA | Corrections Corporation of America |
CCA | California College of the Arts |
What's the difference between CCA and CA?
Looking for online definition of CCA or what CCA stands for? CCA is listed in the World's ...
What does CCA stand for in tax?
4 rows · A Continuing Care Assistant (CCA) is an individual who provides assistance with activities of ...
What does CCA stand for in banking?
A-Z. Short first. Long first. CCA Medical Abbreviation. 12. CCA. Common Carotid Artery. Biology, Health, Neurology. Biology, Health, Neurology.
What does CCA stand for in economics?
CCA. Cold Cranking Ampere. Automotive, Technology, Engineering. Automotive, Technology, Engineering. 0. CCA. Cenelec Certification Agreement. Technology, Telecom, Certification. Technology, Telecom, Certification.
Determining capital cost
Capital cost is the amount on which you first claim capital cost allowance. The capital cost of a property is usually the total of the following:
Determining CCA
There are a few other things you should know about capital cost allowance (CCA):
Example
Last year, Abeer bought a building for $60,000 to use in her business. On her tax return for last year, she claimed CCA of $1,200 on the building. This year, Abeer bases her CCA claim on her balance of $58,800 ($60,000 − $1,200).
First fiscal period is less than 365 days
If your fiscal period is less than 365 days, you have to prorate your CCA claim. Calculate your CCA using the rules discussed in How to calculate the deduction for capital cost allowance (CCA). However, base your CCA claim on the number of days in your fiscal period compared to 365 days.
