Examlex
A key distinction between stock dividends and stock splits is that stock dividends are typically regularly scheduled events, whereas stock splits tend to occur infrequently during the life of a company.
CCA Class
A classification in Canadian tax law, standing for Capital Cost Allowance, that determines the depreciation rate for various types of property for tax purposes.
Fixed Assets
Long-term tangible assets that are used in the operations of a business and are not expected to be consumed or converted into cash in the short term.
CCA Pool
A grouping method for depreciating assets in a way that combines similar assets for the purposes of calculating capital cost allowance for tax purposes.
Marginal Tax Bracket
The tax rate that applies to the last dollar of an individual's income, used to determine the tax impact of additional income.
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