When a taxpayer is transferring depreciable assets under the provisions of ITA 85, he may elect a value that will result in a capital gain. If this is the case, how will the transferee's capital cost for CCA purposes be determined?

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The Answer of When a taxpayer is transferring depreciable assets under the provisions of ITA 85, he may elect a value that will result in a capital gain. If this is the case, how will the transferee's capital cost for CCA purposes be determined?

When a Taxpayer Is Transferring Depreciable Assets Under the Provisions