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The difference between a class 10.0 and a 10.1 vehicle in the Canadian tax act?


The difference between a class 10.0 and a 10.1 vehicle in the Canadian tax act?

Vehicles bought in 2004 and 2005 and costing more than $ 30,000 are classified under class 10.1 .Other vehicles are classified under class 10.The depreciation rates for both classes is 30%. Source(s): http://www.cra-arc.gc.ca/tax/business/to...
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