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Category:	Solar - Contract Pricing
Subject:	Capital Cost Allowance & Solar Income taxation (submission #345)
ID:	10733
Date:	9/9/2009
Question:	would like to have more information to clarify the Capital Cost Allowance. Is the CCA only available to deduct solar income tax? Is there any abatment for solar income or the total amount of solar income will be taxable?
Answer:	Capital Cost Allowance is used to reduce taxable income. They can be claimed on qualifying investments in solar or other projects. More information on Capital Cost Allowance is available on the Canada Revenue Agency website: http://www.cra-arc.gc.ca/tx/bsnss/tpcs/slprtnr/rprtng/cptl/menu-eng.html