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Canada Increasing Automobile Deduction Limits and Expense Benefit Rates for 2022

|Approved Changes|Canada
Canada

Canada's Department of Finance issued a release on 23 December 2021 announcing the 2022 automobile deduction limits and expense benefit rates for businesses.

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Government announces the 2022 automobile deduction limits and expense benefit rates for businesses

News release

December 23, 2021 - Ottawa, Ontario - Department of Finance Canada

Today, the Department of Finance Canada announced the automobile income tax deduction limits and expense benefit rates that will apply in 2022.

The…

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