Your company needs some research equipment which belongs to Class 10 (CCA Rate 30%). The cost of the equipment is $850,000. You can borrow at 12% and the tax rate is 34%. You can lease the equipment for $270,000 a year for four years. It has no salvage value. What is the net advantage to leasing?
Your company needs some research equipment which belongs to Class 10 (CCA Rate 30%). The cost of the equipment is $850,000. You can borrow at 12% and the tax rate is 34%. You can lease the equipment for $270,000 a year for four years. It has no salvage value. What is the net advantage to leasing?
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