Zero-emission vehicles
- Natesh Pillai
- Feb 12, 2022
- 1 min read
The definition of zero-emission vehicle has changed for vehicles acquired after March 1, 2020. A vehicle may still qualify as a zero-emission vehicle if the vehicle was subject to a prior capital cost allowance or terminal loss claim provided that the vehicle was not acquired by the taxpayer on a tax-deferred "rollover" basis or previously owned or acquired by the taxpayer or a non-arm's length person or partnership.
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