Accelerated Capital Cost Allowance

[摘要] Before 2007, the federal Income Tax Act provides an accelerated capital cost allowance (30% capital cost allowance rate computed on a declining balance basis) for certain types of renewable energy equipment. The accelerated Capital Cost Allowance (CCA), under Class 43.1 and 43.2 of Schedule II to the Income Tax Regulations, allows investors an accelerated write-off of certain equipments used to produce energy in a more efficient way or to produce energy from alternative renewable sources. A 50% accelerated CCA is provided under Class 43.2 for eligible equipment that generated either (1) heat for use in an industrial process or (2) electricity by using a renewable energy source (e.g. wind, solar, small hydro), waste fuel (e.g. landfill gas, manure, wood waste) or making efficient use of fossil fuels (e.g. high efficiency cogeneration systems).

[发布日期] 1994-01-01

[学科分类] 全球变化