Capital Cost Allowance (CCA)
Filed Under: Business
1 definition found for this term.
Definitions are presented in the order source books were published (most recent first).
Financial Skills for Professionals$65.00 – $104.00
A method of depreciation prescribed by tax law. The CCA method allows the government to categorize business-related property into classes and then control the rates at which the various classes are depreciated. Businesses can deduct up to a fixed percentage of the depreciated cost each year.