Unformatted text preview: e )]. The ½ year rule does not apply to assets acquired from a related person [reg. 1100(2.2)]. Thus, the CCA is calculated as follows: $212,500 x 4% = $8,500 Note that since the building was “used” when acquired, it is not eligible for the separate Class 1 CCA rate of 6% for non-residential buildings....
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- Winter '11
- Capital cost, CCA, taxable capital gain