Proposed Immediate Expensing Incentive for CCPCs

The 2021 Federal Budget announced that a Canadian-controlled private corporation (“CCPC”) will be able to immediately expense acquisitions of depreciable property of up to $1.5 million per year. The rules were to apply as of April 19, 2021,…

Proposed Immediate Expensing Incentive for CCPCs

The 2021 Federal Budget announced that a Canadian-controlled private corporation (“CCPC”) will be able to immediately expense acquisitions of depreciable property of up to $1.5 million per year. The rules were to apply as of April 19, 2021,…