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EE 12: Depreciation methods
or “How to calculate the decrease in value of your property over time”
You could also call this:

“Rules for calculating how much your assets lose value over time”

When you use the diminishing value method or the straight-line method to work out how much your things lose value over time, you need to follow some special rules. These rules are found in sections EE 14 to EE 19. They help you figure out exactly how much your items have gone down in value, which is important for your taxes.

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Next up: EE 14: Diminishing value or straight-line method: calculating amount of depreciation loss

or “Calculating the loss in value for your assets”
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Part E Timing and quantifying rules
Depreciation

EE 13Application of sections EE 14 to EE 19

  1. Sections EE 14 to EE 19 apply to the calculation of the amount of depreciation loss that a person using the diminishing value method or the straight-line method has.

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