|Definition||:||Undepreciated Capital Cost|
|Category||:||Business » Finance|
What does UCC mean?
Undepreciated Capital Cost (UCC) is the capital cost of an asset minus the Capital Cost Allowance (CCA) claimed in previous years.
CCA is a depreciation mechanism used for tax purposes in Canada.
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Frequently Asked Questions (FAQ)
What is the full form of UCC in Taxes (Canada)?
The full form of UCC is Undepreciated Capital Cost