Examlex
A client/server network of several interconnected local area networks can replace a large mainframe-based network with many end user terminals.
Marginal Tax Rates
The tax rate applicable to the last dollar of income earned, reflecting the percentage of tax applied to your income for each tax bracket in which you qualify.
Straight-Line Depreciation
A method of allocating the cost of a tangible asset evenly over its useful life.
Net Advantage to Leasing
This refers to the total financial benefits that a company might gain from leasing assets rather than purchasing them outright, taking into account tax advantages, cash flow, and risk factors.
CCA Rate
The Capital Cost Allowance (CCA) rate refers to the percentage rate at which a business can claim depreciation on certain property types for tax purposes in Canada.
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