18 May 2011 External T.I. 2011-0392441E5 F - Outils - déduction pour amortissement -- summary under Paragraph 1102(1)(c)

After finding that small tools that the taxpayer purchased at a unit cost of less than $200 to maintain the units in a rental building (one of which was occupied personally) qualified as Class 12 depreciable assets, CRA went on to find that the taxpayer’s capital cost allowance claims “must be reduced to reflect the personal use that is made of [the tool].”