Posts Categorized: Promotions

Geothermal Tax Break

Tax Break

In addition to long-term energy cost savings, farmers and small business owners can take advantage of accelerated depreciation on geothermal equipment. The entire system qualifies for Class 43.2 Capital Cost Allowance (CCA). This allows you to write off 25% in year one and 50% of the declining balance in the following tax years. The cost… Read more »