Eligible capital property may be broadly described as intangible capital property – property that does not physically exist but that gives you lasting economic benefits. Some examples of eligible capital property include goodwill, incorporation costs, customer lists, franchises, concessions, or licenses for an unlimited period.
The costs incurred to purchased these assets are called eligible capital expenditures. Eligible capital expenditures neither qualify for capital cost allowance (CCA) nor are deductible in full in the year of its acquisition as current expenses.