Incorporeal capital property is now considered to be depreciable property in class 14.1 of Schedule B to the Regulation respecting the Taxation Act. If you disposed of such property that you acquired (or are deemed to have acquired) on or after January 1, 2017, you must treat the disposition as a disposition of depreciable property. For more information, see Capital Gains and Losses (IN-120-V).

If you disposed of property that is qualified farm or fishing property, you can claim the capital gains deduction for the property. For more information, see IN-120-V.