| Leasing for Business
The basics of leasing in Canada from a business use perspective |
Dealing with Brokers
What to expect when obtaining Lease Financing through a broker |
| Leasing
INTO Canada Not as simple as it sounds - some of the pitfalls for
Non Canadian Leasing Cos |
Government Interpretations IT233 was
Revenue Canada's definitive interpretation for tax purposes of what it
will recognise as a lease expense etc Revoked 2001. CRA are now
indicating that they will recognise any contract called a lease as an
operating lease for tax purposes so long as it fits "the legal
definition" This has the potential to eliminate a lot of deferred
income tax! |
| ACCOUNTING for a lease CICA
Guidelines Synopsis How the accounting bodies in Canada interpret
the balance sheet & P&L; treatment of a lease |
Expensing the DEPRECIATION CCA |
|
Lease Glossary Your
Guide To Leasing Terms
|
Avoiding the pitfalls
Questions
to ask |
| Lease calculations Financial Calculators |