Examlex
Spalling describes the
Leasing
A contractual arrangement where one party allows another to use an asset for a specified time in return for periodic payments.
Buying
The action of purchasing goods, services, or financial assets.
Corporate Tax Rate
The corporate tax rate is the percentage of a corporation's income that it pays in taxes to the government.
CCA Class 10
A category under the Canadian Capital Cost Allowance that pertains to specific types of property with a depreciation rate set by the tax code.
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