COMMERCE 4SD3 Lecture Notes - Lecture 6: Cheat Sheet, Tax, Put It On

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30 Oct 2017
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4 for any questions: 95% of the exam is based on what we do in class. If email w/question put phone number on it so, he can call you back. If greater than ,000 it defaults and gets put into class 10. 1, if less than ,000 it gets put in class 10. If you buy a car, and drive around in it, it would meet the definition of a pasture vehicle: class 10. 1. It (cid:272)a(cid:374) o(cid:374)l(cid:455) ha(cid:448)e one pasture (cid:448)ehi(cid:272)le i(cid:374) this, (cid:455)ou (cid:272)a(cid:374)"t pool these together like you can in class 10: ex. 15 ford focuses costing k each, would get dumped in together in class 10: ex. 15 porsches costing k each, would each get their own class 10. 1: 30% db, class 12, 100% depreciation class, class 13 (sl) If it"s so(cid:373)ethi(cid:374)g that has a limited life. It is considered class 14 limited period * key of this class.

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