Examlex
According to the social categorization theory:
CCA Class
A classification within the Capital Cost Allowance system in Canada, grouping assets with similar properties for depreciation purposes.
Net Advantage To Leasing
The benefits a company realizes from leasing assets rather than purchasing them, considering cost savings, tax advantages, and flexibility.
Estimated Life
The expected duration or lifespan of an asset, affecting depreciation calculations and investment decisions.
CCA Class
Capital Cost Allowance Class; categories used in Canadian income tax that determine the depreciation rate for different types of assets for tax purposes.
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