HOW DOES ONE INVEST IN MICRO FUSION?
Serious investors may contact the author at: crhodes@sympatico.ca or Charles Omrod of KPMG at ctomrod@kpmg.ca regarding investment in Micro Fusion International Limited. At this time a favourable Capital Cost Allowance ruling (CCA Class 43.2) for Micro Fusion systems is being sought from Finance Canada. Such a ruling would allow investors with high taxable incomes to use investments in Micro Fusion systems to defer payment of income tax. Investment in a Class 43.2 asset allows claiming 50% per annum depreciation as compared to 4% per annum for investment in a building.
