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A problem with the lexical approach is that:
CCA Class
A classification system used in Canadian tax law for capital cost allowance, determining the depreciation rate for tax purposes of tangible capital assets.
Marginal Tax Rate
The rate at which an additional dollar of income would be taxed, reflecting the rate applied to the last dollar earned.
CCA Tax Shield
A deduction that allows Canadian businesses to reduce taxable income based on the depreciation of tangible property.
Present Value
The current value of a future sum of money or stream of cash flows given a specified rate of return. Present value calculations are widely used in finance and investment for assessing the value of investments.
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