,canada ,cu/oms                       #a
& ,rev5ue ,ag5cy

          ,9t]pret,n ,bullet9
    
,subject3 ,9come ,tax ,act--,capital
  ,co/ ,all[.e--,build+s or ,o!r
  ,/ructures
,numb]3 ,,it-#gi;,r#c
,date3 ,may #bd1 #aiia
,ref];e3 ,p>agraph #bj7#a77a7 & ,classes
  #a1 #c1 #f & #h 9 ,s*$ule ,,ii 6!
  ,regul,ns 7al subsec;ns #aajb7#e7 &
  7#ai7 (! ,regul,ns7

               ,applic,n
    
  ,? bullet9 c.els & replaces ,9t]pret,n
,bullet9 ,,it-#gi;,r#b issu$ on ,janu>y
#aj1 #aihj &! ,special ,rel1se dat$
,janu>y #bi1 #aihb4 ,curr5t revi.ns >e
designat$ 0v]tical l9es4


                                      #a
                ,summ>y              a#a
    
  ,? bullet9 d1ls ) build+s & /ructures
= capital co/ all[.e purposes4 ,g5],y1
build+s or o!r /ructures acquir$ af
#aihg >e 9clud$ 9 ,class #a 7#d@3p7 9/1d
( ,class #c 7#e@3p74 ,? bullet9 def9es
8build+0 & 8/ructure0 & d1ls ) ,classes
#a1 #c1 #f1 & #h 9 ,s*$ule ,,ii (!
,regul,ns 6! ext5t ^? classes p]ta9
6build+s & /ructures4 ,x al 4cusses
-pon5t "ps ( build+s or o!r /ructures4

          ,4cus.n & ,9t]pret,n
    
          ,m1n+ ( 8,build+0 &
              8,/ructure0
    
#a4 8,build+0 is a t]m ( wide range
  cov]+ any /ructure ) walls &a ro(
  af=d+ protec;n & %elt]4 ,! ^w
  8/ructure0 9cludes any?+ ( sub/antial
  size t is built up f -pon5t "ps &
  9t5d$ 6rema9 p]man5tly on a p]man5t
  f.d,n4 ,? def9i;n ( 8/ructure0 0    #b
             ,,it-#gi;,r#c           b#a
  3sid]$ 0! ,supreme ,c\rt ( ,canada 9
  ,briti% ,columbia ,=e/ ,products ,ltd
  v4 ,m9i/] ( ,n,nal ,rev5ue #ga ,,dtc
  #eagh--,7#aiga7' ,,ctc #bgj : al
  3clud$ t ! ^w 8/ructure0 :5 us$ 9 !
  3text ( 8build+ or o!r /ructure0 does
  n m1n only a /ructure 9 ! nature (a
  build+4 ,bridges or hydro-electric
  transmis.n t[]s1 = example1 :ile
  cle>ly n build+s1 >e /ructures4
#b4 ,porta# %elt]s s* z h\s+1 (fice &
  o!r s]vice units >e reg>d$ z build+s
  if !y >e 9/all$ & 9t5d$ 6rema9 9 a
  "picul> loc,n4 ,s* ?+s z t5ts1 canvas
  m>quees & air-support$
--------------------------------------#b
  fabric domes t >e n "p (a rigid
  /ructure >e n 3sid]$ 6be build+s or
  /ructures4
#c4 ,a build+ or o!r /ructure erect$ on
  l1s$ l& is1 0r1son ( subsec;n
  #aajb7#e7 (! ,regul,ns1 9clud$ 9 !
  class t describes ! /ructure & n 9
  ,class #ac z a l1sehold 9t]e/4 ,=   #c
             ,,it-#gi;,r#c           a#b
  example1 a bridge built on l1s$ l& wd
  fall )9 ,class #a4 ,subsec;n #aajb7#e7
  (! ,regul,ns is 3sid]$ 6apply 6any
  prop]ty ref]r$ 6in ,s*$ule ,,ii (!
  ,regul,ns : is ei a 8build+0 or a
  8/ructure01 & n j 6a 8build+ or o!r
  /ructure0 z ref]r$ 6in ,classes #a1
  #c1 & #h4

           ,class #a 7#d@3p7
    
#d4 ,ord9>ily1 build+s or o!r /ructures1
  or "ps "!(1 acquir$ af #aihg 7except
  6! ext5t 9clud$ 9 ,class #c ": #f7a71
  7b7 or 7c7 2l apply7 >e 9clud$ 9
  ,class #a = capital co/ all[.e
  purposes4 ,excep;ns 6? g5]al rule >e
  /ructures & build+s specific,y 9clud$
  9 o!r classes s* z a /ructure t is
  manufactur+ or process+ ma*9]y or
  equip;t 7,class #h71 a build+ ( frame
  3/ruc;n t has no foot+s or o!r base
  support 2l gr.d level 7,class #f71
  c]ta9 build+s acquir$ = use 9 a     #d
             ,,it-#gi;,r#c           b#b
  res\rce 9du/ry 7,class #da7 or porta#
  camp build+s 7,class #aj74
#e4 ,an a4i;n or alt],n 6a build+ is 6be
  9clud$ 9 ,class #a if x is
  7a7 an a4i;n or alt],n 6a build+
    9clud$ 9 ,class #a1 or
  7b7 an a4i;n or alt],n 6a build+ (
    ano!r class made af #aihg ":
    subsec;n #aajb7#ai7 (! ,regul,ns
    applies4
  
  ,g5],y1 subsec;n #aajb7#ai7 applies
  6an a4i;n or alt],n made 6a prop]ty t
  wd h be5 9 a di6]5t class if ! prop]ty
  _h be5 acquir$ at ! "t ! a4i;n or
  alt],n 0 made4 ,= example1 an a4i;n or
  alt],n made af #aihg 6a ,class #c
  build+ is 9clud$ 9 ,class #a ": !
  build+ wd h be5 9clud$ 9 ,class #a if
  x _h be5 acquir$ at ! "t (! a4i;n or
  alt],n4 ,h["e1 subsec;n #aajb7#ai7 (!
  ,regul,ns does n apply 6! ext5t t an
  a4i;n or alt],n is subject 6a specific
  provi.n 9 ,s*$ule ,,ii (!           #e
             ,,it-#gi;,r#c           c#b
  ,regul,ns s* z ^? describ$ 9 #g7c7 &
  #i7d7 2l4 ,al1 see ! example 9 #aj 2l4

           ,class #c 7#e@3p7
    
#f4 ,a build+ or o!r /ructure1 or "p
  "!(1 t is n specific,y 9clud$ 9 ano!r
  class is 9clud$ 9 ,class #c if acquir$
  7see ! curr5t v].n ( ,,it-#ej7 by
--------------------------------------#c
  ! taxpay] 2f #aihh1 or 2f #aiij
  7a7 pursuant 6an oblig,n 9 writ+ 5t]$
    960! taxpay] 2f ,june #ah1 #aihg1
  7b7 t 0 "u 3/ruc;n 0or on 2half (!
    taxpay] on ,june #ah1 #aihg1 or
  7c7 t is a -pon5t "p (a build+ t 0 "u
    3/ruc;n 0or on 2half (! taxpay] on
    ,june #ah1 #aihg4
#g4 ,an a4i;n or alt],n 6a build+ is 6be
  9clud$ 9 ,class #c if x is3
  7a7 an a4i;n or alt],n 6a build+ t 0
    9clud$ 9 ,class #bj & t wd o!rwise h
    be5 9clud$ 9 ,class #c1 made dur+ !
                                      #f
             ,,it-#gi;,r#c           a#c
    p]iod t is af ,m>* #ca1 #aifg & 2f
    #aihh1
  7b7 an a4i;n or alt],n 6a build+ (
    ano!r class made af ,decemb] #bf1
    #aigh & 2f #aihh ": subsec;n
    #aajb7#ai7 (! ,regul,ns applies 7see
    #e abv71
  7c7 an a4i;n or alt],n made af #aihg
    6a build+ 9clud$1 9 :ole or 9 "p1 9
    7;i7 ,class #c1
    7;ii7 ,class #f 0virtue (
      subp>agraph 7a77;viii7 ( ,class
      #f1 or
    7;iii7 ,class #bj4
  ,! am.t 9clud$ 9 ,class #c 9 7c7 abv
  is re/rict$ 6! total co/ ( all s*
  a4i;ns or alt],ns 6! build+ 7except 6!
  ext5t 9clud$ 9 p>agraph 7k7 ( ,class
  #f 7see #i7d7 2l77 t does n exce$ !
  less] (

  7d7 4#ejj1jjj1 &
  7e7 #be p]c5t (! capital co/ (! build+
    & any a4i;n or alt],ns made       #g
             ,,it-#gi;,r#c           b#c
    "!to prior 6#aihh 9clud$ 9 ,class
    #c1 #f or #bj4
  ,any am.t t exce$s ! less] ( 7d7 & 7e7
  abv falls )9 ,class #a 7see #e7b7 abv
  &! example 9 #aj 2l74

           ,class #f 7#aj@3p7
    
#h4 ,a build+ ( frame1 log1 /u3o on
  frame or galvaniz$ or corrugat$ iron
  3/ruc;n is 9clud$ 9 ,class #f1 provid$
  ! build+ meets "o (! foll[+ crit]ia3
  7a7 x 0 acquir$ 0! taxpay] 2f #aigi1
  7b7 x is us$ 0! taxpay] =! purpose (
    ga9+ or produc+ 9come f f>m+ or
    fi%+1
  7c7 x has no foot+s or any o!r base
    support 2l gr.d level1
  7d7 x 0 acquir$ 0! taxpay] af #aigh "u
    circum/.es ":
    7;i7 ! taxpay] 0 obligat$ 6acquire !
      build+ "u ! t]ms ( an agree;t 9
      writ+ 5t]$ 962f #aigi1 &
                                      #h
             ,,it-#gi;,r#c            #d
    7;ii7 ! 9/all,n ( foot+s or any o!r
      base support (! build+ 0 -m;ed 2f
      #aigi1 or
  7e7 x 0 acquir$ 0! taxpay] af #aigh "u
    circum/.es ":
    7;i7 ! taxpay] -m;ed 3/ruc;n (!
      build+ 2f #aigi &! 9/all,n (
      foot+s or any o!r base support (!
      build+ 0 -m;ed 2f #aigi1 or
    7;ii7 ! 3/ruc;n (! build+ 0 -m;ed "u
      ! t]ms ( an agree;t 9 writ+ 5t]$
      960! taxpay] 2f #aigi &! 9/all,n (
      foot+s or any o!r base support (!
      build+ 0 -m;ed 2f #aigi4
#i4 ,an a4i;n or alt],n 6a build+ (
  frame1 log1 /u3o on frame or galvaniz$
  or corrugat$ iron 3/ruc;n z describ$ 9
  p>agraph 7a7 ( ,class #f is 9clud$ 9
  ,class #f if x is an a4i;n or alt],n
  7a7 made 2f #aigi1
  7b7 6a build+ us$ 0! taxpay] =!
    purpose ( ga9+ or produc+ 9come f
    f>m+ or fi%+1
                                      #i
             ,,it-#gi;,r#c           a#d
  7c7 6a build+ t has no foot+s or any
    o!r base support 2l gr.d level1 or
  7d7 made af #aigh 6a build+ describ$ 9
    p>agraph 7a7 ( ,class #f 7o!r ?an 6a
    build+ describ$ 9 7b7 or 7c7 abv7
    acquir$ 2f #aigi 6! ext5t t !
    a7regate co/ ( all s* a4i;ns or
    alt],ns 6! build+ does n exce$
    4#ajj1jjj 7see ! example 9 #aj 2l74
    ,if an a4i;n or alt],n 0 made 9 "p 9
    #aigh & 9 "p af t ye>1 ! co/s 9curr$
    af #aigh w n 2 3sid]$ 6be made 2f
    #aigi = purposes ( 7a7 abv4 ,! ye> t
    co/s w 2 3sid]$ 6=m "p (! co/ (!
    build+ is 4cuss$ 9 ! curr5t v].n (
    ,,it-#ej4
  ,) reg>d 6! require;ts 9 7d7 abv1 ": !
  co/ ( an a4i;n or alt],n1 or !
  a7regate ( co/s ( a4i;ns or alt],ns 6a
  build+ exce$s 4#ajj1jjj1 ! am.t t
  qualifies = 9clu.n 9 ,class #f is
  4#ajj1jjj4 ,! 4#ajj1jjj a7regate is !
  total = all ye>s & is n an annual
  am.t4 ,": ! a4i;n or alt],n is     #aj
             ,,it-#gi;,r#c           b#d
  made prior 6#aihh1 any am.t exce$+
  4#ajj1jjj is 9clud$ 9 ,class #c 7see
  #g7b7 abv74 ,": an a4i;n or alt],n is
  made af #aihg1 any am.t exce$+
  4#ajj1jjj is 9clud$ 9 ,class #c1 6!
  ext5t p]mitt$ 0p>agraph 7k7 ( ,class
  #c 7see #g7c7 abv7 & any am.t n 9clud$
  9 ei ,class #f or ,class #c is 9clud$
  9 ,class #a 7see #e7b7 abv74
--------------------------------------#e
#aj4 ,! applic,n ( #i7d71 #g7c7 & #e7b7
  abv is illu/rat$ 9 ! foll[+ example3

  ,9 #aigh a taxpay] pur*as$ a build+ (
  frame 3/ruc;n ) base support 2l gr.d
  level = 4#bej1jjj4 ,! build+ is us$ 0!
  taxpay] 6e>n 9come f a busi;s t is n
  f>m+ or fi%+4 ,alt],ns co/+ 4#fj1jjj 7
  made 6! build+ 9 #aihc4 ,9 #aihh1 an
  a4i;n co/+ 4#aej1jjj 0 made 6! build+4



                                     #aa
             ,,it-#gi;,r#c           a#e
#aigh
,class #f--,capital
  co/ ( build+ 7see
  #h7a7 abv7 """"""""""""""""" 4#bej1jjj

#aihc
,class #f--,alt],n
  6build+ t falls )9
  p>agraph 7k7 (
  ,class #f 7see
  #i7d7 abv7 """""""""""""""""" 4#fj1jjj

#aihh
,class #f--,por;n (
  a4i;n 6build+ t
  falls )9 p>agraph
  7k7 ( ,class #f
  7see #i7d7 abv73
,maximum ( total
  a4i;ns & alt],ns t
  falls )9 ,class #f 4#ajj1jjj
,less3 alt],n made 9
  #aihc """""""""""""" #fj1jjj  4#dj1jjj
                                     #ab
             ,,it-#gi;,r#c           b#e
,class #c
,por;n ( a4i;n
  6build+ t falls )9
  p>agraph 7k7 (
  ,class #c 7see
  #g7c7 abv73
,total co/ ( a4i;n   4#aej1jjj
,less3 co/ allocat$
  6,class #f """"""""" #dj1jjj
,co/ ( a4i;n availa#
  = ,class #c """""" 4#aaj1jjj
,! co/ (! a4i;n
  availa# may only 2
  9clud$ 9 ,class #c
  6! ext5t x does n
  exce$ ! less] (
7a7 4#ejj1jjj1 &
7b7 #be@3p "ts
  4#cej1jjj
  74#bej1jjj plus
  4#fj1jjj plus
  4#dj1jjj7 """"""""""""""""""" 4#hg1ejj

                                     #ac
             ,,it-#gi;,r#c           c#e
,class #a
,por;n ( a4i;n
  6build+ t falls )9
  ,class #a 7see
  #e7b7 abv73
,total co/ (
  ,a4i;n """"""""""" 4#aej1jjj
,less3 ,co/
  allocat$
  6,class
  #f """""" 4#dj1jjj
,co/ allocat$
  6,class
  #c """""" 4#hg1ejj 4#abg1ejj  4#bb1ejj
--------------------------------------#f
#aa4 ,an a4i;n or alt],n 6a build+ t is
  9clud$ 9 ,class #bj & t wd o!rwise h
  be5 9clud$ 9 ,class #f1 made
  7a7 dur+ ! p]iod t is af ,m>* #ca1
    #aifg & 2f #aigi or
  7b7 af #aigh if ! taxpay] 0 obligat$
    6h x made "u ! t]ms ( an agree;t 9
    writ+ 5t]$ 962f #aigi
                                     #ad
             ,,it-#gi;,r#c           a#f
  is al 6be 9clud$ 9 ,class #f 0virtue (
  p>agraph 7;i7 ( ,class #f4
--------------------------------------#g
#ab4 ,a build+ t has a basic or ma9
  support+ /ructure ( wood or wood5
  timb]s is reg>d$ z a build+ ( frame
  3/ruc;n4 ,? is s :e!r xs \t] %1?+ is
  brick v5e]1 %+les1 clapbo>d1 f1!r$ge1
  asbe/os %+les1 alum9um sid+1 plywood1
  fib]glass1 prefabricat$ panell+1
  galvaniz$1 pa9t$ or corrugat$ iron or
  /eel1 & :e!r ^! mat]ials =m ! \t]
  walls al"o or 9 -b9,n ) 9sul,n & an
  9n] wall1 provid$ t ! %1?+ mat]ial
  does n =m ! basic /ructural support (!
  build+4
#ac4 ,a build+ made ( logs is 3sid]$ 6be
  a build+ ( logs reg>d.s ( xs frame"w
  7if any74
#ad4 ,a build+ ( galvaniz$ iron or
  corrugat$ iron 3/ruc;n is "o ^:
  ext]ior 3/ruc;n1 9clud+ ! ro(1 3si/s
  *iefly ( galvaniz$ or corrugat$ iron
  or /eel4 ,s* a build+ may h a      #ae
             ,,it-#gi;,r#c           a#g
  frame"w ( /eel gird]s1 2 l9$ ) 9sul,n
  or h 9t]ior walls & / qualify4 ,! t]ms
  galvaniz$ iron & corrugat$ iron d n
  9clude galvaniz$ or corrugat$ panels
  made ( any mat]ial o!r ?an iron or
  /eel2 9 "picul> !y d n 9clude
  corrugat$ alum9um nor d !y 9clude a
  -posite type ( panel ev5 ?\< x is fac$
  )a ?9 cov]+ ( corrugat$ /eel4

              ,-pon5t ,"ps
    
#ae4 ,= grt] c]ta9ty1 classes #a1 #c &
  #f ( ,s*$ule ,,ii specify t build+s or
  o!r /ructures t fall 96^? classes al
  9clude -pon5t "ps s* z electric wir+1
  plumb+1 spr9kl] sy/ems1 air-3di;n+
  equip;t1 h1t+ equip;t1 li<t+ fixtures1
  elevators & escalators4 ,! "picul>
  items cit$1 h["e1 >e n reg>d$ z 2+ an
  all-9clusive descrip;n ( -pon5t "ps (a
  build+4 ,"! >e o!r -pon5t "ps (a
  build+ t ord9>ily g )! build+ :5 x is
  b"\ or sold1 or t may 2 pur*as$    #af
             ,,it-#gi;,r#c           b#g
  sep>ately f ! build+1 b : relate 6!
  func;n+ (a build+4 ,examples >e /orm
  doors & w9d[s1 automatic /ok]s1 sump
  pumps1 -b9,n h1t+ & cool+ units1 &
  -plex fire al>m sy/ems4 ,s* items >e
  9clud$ 9 ,class #a1 #c or #f1 dep5d+
  on ! type ( build+ &! date (
  acquisi;n4 ,o!r prop]ties : may 2
  -pon5t "ps & : >e specific,y 9clud$ 9
  o!r classes1 s* z c]ta9 electrical
  g5]at+ equip;t 7al see -;ts 9 #ah 2l7
  fall )9 ! class 9 : !y >e specific,y
  9clud$4
#af4 ,! t]m 8-pon5t "ps0 z us$ 9
  ,classes #a1 #c & #f %d 2 9t]pret$ z
  ref]r+ only 6^? -pon5t "ps [n$ 0!
  taxpay] :o is ! [n] (! build+ ( : !y
  >e "p4 ,x is -mon practice = "o
  taxpay] 6l1se 6ano!r items :1
--------------------------------------#h
  :5 9/all$1 2come -pon5t "ps (a build+
  or o!r /ructure [n$ 0! lessee b )!
  l1se provid+ t ! l1s$ prop]ty rema9s !
  prop]ty (! lessor4 ,": ? situ,n    #ag
             ,,it-#gi;,r#c           a#h
  exi/s1 ! lessor ord9>ily is p]mitt$
  6claim capital co/ all[.e =! l1s$
  prop]ty on xs [n m]its 7in mo/ cases1
  "u ,class #h71 r ?an z -pon5t "ps4 ,":
  ! purport$ l1se ( -pon5t "ps is 3sid]$
  6be a sale1 7see ! curr5t v].n (
  ,,it-#bcc71 -pon5t "ps >e 3sid]$ 6be
  [n$ 0! lessee & >e 9clud$ 9 ! same
  class z ! build+ or o!r /ructure4

           ,class #h 7#bj@3p7
    
#ag4 ,tanks1 vats & hopp]s :5 locat$
  \tside a plant build+ b erect$ on a
  /eel frame"w or o!r p]man5t f.d,n1 al?
  /ructures1 >e 9clud$ 9 ,class #h if
  acquir$ = use 9 manufactur+ or
  process+4 ,simil>ly1 ! h\s+ & frame"w
  = \tdoor 3veyor sy/ems acquir$ = use 9
  manufactur+ or process+ op],ns >e
  9clud$ 9 ,class #h4
#ah4 ,prop]ty t is atta*$ 6a build+1
  h["e firmly1 is 9clud$ 9 ,class #h if
  x is acquir$ exclusively = ^?      #ah
             ,,it-#gi;,r#c           b#h
  purposes /at$ 9 ,class #h4 ,= example1
  3crete foot+s1 f.d,ns & /ructural /eel
  exclusively =! support ( ma*9]y >e
  reg>d$ z ,class #h assets4 ,/airs &
  plat=ms1 ! sole purpose ( : is
  6provide a3ess 6ma*9]y1 al fall )9
  ,class #h1 :e!r !y >e atta*$ 6! build+
  or ! ma*9]y4















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