Purchase price paid for a domain name
The purchase price paid for a domain name (URL) may not be immediately deductible for Canadian income tax purposes. It may constitute an eligible capital expenditure (ECE) in which case only 50% of the purchase price can be deducted at a rate of 7% per annum.
"This article provides information of a general nature only. It is only current at the posting date. It is not updated and it may no longer be current. It does not provide legal advice nor can it or should it be relied upon. All tax situations are specific to their facts and will differ from the situations in the articles. If you have specific legal questions you should consult a lawyer."