Examlex
A gemma is a sexual reproductive structure produced by certain liverworts.
Depreciation
The systematic allocation of the cost of a tangible or physical asset over its useful life, recognizing it as an expense.
Tax Rate
The fiscal percentage deducted as tax from an individual's or corporation's income.
CCA Class
Capital Cost Allowance Classes are categories in tax systems that determine the depreciation rate for tax purposes on assets.
Depreciation Tax Shield
The reduction in taxable income for businesses due to the allowance for depreciation, thereby lowering tax liabilities.
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