Feds accelerate deductions, invest in trade

Feds accelerate deductions, invest in trade

By [email protected]

TORONTO, Ont. – The Canadian Trucking Alliance is calling accelerated capital costs allowances for tractors and trucks an “early Christmas present,” following this week’s federal economic statement. The typical asset deduction for depreciation on trucks is increasing to 60% in …Read the rest of this story

Source:: https://www.trucknews.com/transportation/feds-accelerate-deductions-invest-in-trade/1003088705/