Capital cost allowance (CCA)deductions shield revenues from taxation and thereby lower the amount of taxes that a company must pay.

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Capital cost allowance (CCA) deductions allow a company to claim the cost of depreciable assets as an expense, reducing their taxable income and therefore lowering the amount of taxes they must pay. This is a common tax strategy used by businesses to reduce their tax burden.

Capital Cost Allowance (CCA)deductions Shield Revenues from Taxation and Thereby