The capital cost allowance (CCA)is only used for financial reporting purposes,and usually not for tax purposes.

Name: The capital cost allowance (CCA)is only used for financial reporting purposes,and usually not for tax purposes.
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The capital cost allowance (CCA) is used for tax purposes to calculate the depreciation expense for assets that are eligible for tax deductions. However, the method and rates of CCA calculation for tax purposes may differ from those used for financial reporting purposes.

The Capital Cost Allowance (CCA)is Only Used for Financial Reporting