Part 16 - Land additions and dispositions in the year
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Part 16 - Land additions and dispositions in the year
Enter the total cost of acquiring land in the year on line 9923. The cost includes the purchase price of the land and any expenses related to the acquisition, such as legal fees, land transfer taxes, and mortgage fees.
Enter the total of all amounts you received or will receive for disposing of land in the fiscal period on line 9924.
Because you cannot claim CCA on land, do not enter this amount in Column 3 - Cost of additions in the year, of Part 11 - Calculation of capital cost allowance (CCA) claim .
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- Date modified:
- 2017-01-03