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Flaherty Announces New Automobile and Expense Rates for Business

On December 31th, 2009 the Minister of Finance announced the following items: The capital cost allowance cap of $30,000 (plus applicable taxes) for passenger vehicles...

CRA Announces Interest Rates For The First Quarter

CRA has announced their interest rates for the first quarter of 2010. The rates include both the penalty rates for overdue balances as well...