LNG Income Tax Capital Investment Account Deductions

Your capital investment account (CIA) is the cumulative balance of the capital cost of all your capital investment property.

You're responsible for maintaining the balance of your CIA by tracking allowable additions and deductions.

Amounts that must be deducted from your CIA include:

  • Total amounts from all sales or other dispositions of capital investment property, net of any expenses you incurred as part of the selling process
  • Total amounts of financial incentives you received
  • Any payments you received for bad debts you included in your CIA

If you deducted part of your CIA balance in calculating your net income, you must also deduct that amount from your CIA for the next year. See an example in a net income calculation.

You can’t deduct amounts relating to hedging transactions or financing charges from your CIA.