A lessor finds a lease attractive from a tax point of view because they:
Question 21 options:
need not pay taxes on their assets so long as they are leased out.
can use the payments to lower their taxable income.
can use the capital cost allowance tax shield from ownership.
will get a tax deduction from their lease payment.
sell and leaseback.
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
(Save $1 )
One time Pay
(Save $5 )
Billed Monthly
*First month only
You can see the logs in the Dashboard.
