Deduct building development
3 - 100%
Deduct it, with the adequate depreciation rate!
To the extent that invest in building developments to grow your business, you deduct them.
Of course, you take into account the rate of depreciation of these assets. This rate depends on their presumed useful life, up to 3% for a building with an estimated life span of 30 years.
Your latest building developments might be eligible to the federal deduction for investment.
Check here whether yours qualify: https://bit.ly/2KJaNwc
Between March and December 2020, this deduction increases to 25%. This is a government decision, in the context of the corona crisis.
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