Examlex
Match each definition with the correct term below.
-Lateral
CCA Class
A category within the Capital Cost Allowance system in Canada for tax depreciation of assets.
Lease
A contractual arrangement whereby a lessor allows a lessee to use an asset in return for periodic payments for a specified period of time.
CCA Class
A category under the Canadian tax system that determines the depreciation rate for tax purposes on capital assets.
Net Advantage
The benefit or gain that results from a specific course of action, minus any associated costs.
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