Capital Cost Allowance Rates – 2016
|Description of Property||Rate1||Class|
|Buildings acquired since 1988, including component parts||4%||1|
|Buildings acquired on or after March 19, 20072 and used 90%+ for manufacturing and processing (separate class)||10%3|
|Buildings acquired on or after March 19, 20072 and used 90%+ for non-residential purposes (separate class)||6%3|
|Fences, greenhouses, wood buildings (farming and fishing)||10%||6|
|Assets not included in any other class such as accessories, equipment, furniture, photocopiers, telephones, tools costing more than $500 and outdoor advertising panels||20%||8|
|Automobiles, panel trucks, trucks, tractors, trailers||30%||10|
|Passenger vehicles, the cost of which is equal to or exceeds prescribed amounts ($30,000 + tax – see Section V)||30%||10.1|
|Application software, small tools, cutlery, linen, uniforms, moulds, medical instruments costing less than $500 and rented videotapes||100%||12|
|Leasehold improvements||Lease term4||13|
|Taxis, automobiles acquired for short-term leasing and coin-operated video games||40%||16|
|Trucks and tractors designed for hauling freight||40%5||16|
|Parking areas or similar surface construction||8%||17|
|Manufacturing or processing equipment acquired before 2016||50% Straight-line||29|
|Manufacturing or processing equipment acquired after 2015 and before 2026||50%||53|
|Computer equipment, systems software and related equipment||55%||50|
|Data network infrastructure equipment||30%||46|
1 Rates are declining balance unless otherwise indicated.
2 Building must not have been acquired or used by anyone before March 19, 2007.
3 Includes additions and modifications made on or after March 19, 2007 to a building included in a separate class even though the building was acquired before that date.
4 Straight-line capital cost allowance over the lease term (including the first renewal period), for a minimum of 5 years and a maximum of 40 years.
5 60% rate in Quebec for new vehicles.