CCH iFirm Tax T2 2019 v.2.3 (2019.50.v27)

Patents, Franchises, Concessions and Licences for a Limited Period (Class 14)

Class 14 property is prescribed to be property that is a patent, franchise, concession or licence for a limited period of time. The capital cost allowance for class 14 property is calculated in accordance with the remaining life of the property.