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Lease Payments
Periodic payments made by a lessee to a lessor for the use of an asset, like equipment or real estate, over a specified lease term.
CCA Class
Categories used in Canadian tax law to determine the depreciation rate for different types of business assets.
Corporate Tax Rate
The tax rate that companies are charged on their profits by the government.
Break-Even Lease Payment
The lease payment at which the cost of leasing equals the benefits received, with no net loss or gain from entering into the lease.
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