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Operational lease is short-term lease and it normally does not cover the full economic life of the leased asset. The lessor bears all risks and rewards, connected with the ownership of the equipment, and provides to the lessee maintenance services for the leased machines and equipment. In terms of taxation, the lessee is entitled to deduct the full amount of the lease installment from its taxable profit.
Wiki User
∙ 14y ago
Wiki User
∙ 13y agoOperating Lease is a lease other than finance lease. A leasing transaction wherein the lessor takes the asset risk and the credit risk.
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What is leasing company?
definition of leasing company
What is concept of leasing in Islamic banking?
what is concept of leasing
When was leasing started in India?
No Record of leasing in india ... its a to old deals of leasing may be before british role
When was Azuma Leasing created?
Azuma Leasing was created in 1993.
What is National Leasing's population?
National Leasing's population is 280.
When was National Leasing created?
National Leasing was created in 1977.
What is the population of National Leasing?
National Leasing's population is 2,011.
Where can you lease a car?
Check online for a local car leasing company.Check online for a local car leasing company.Check online for a local car leasing company.Check online for a local car leasing company.
What effect does leasing have on a firm's capital structure?
Leasing is a substitute for debt financing, so leasing increases a firm's financial leverage.
What is the leasing companies operating in the Philippines?
First Malayan Leasing and Finance Company is one of the pioneer in the leasing and financing industry in the Philippines.
Can the bank take the house you are leasing?
No, unless they are taking it from the person you are leasing it from.
When was Penske Truck Leasing created?
Penske Truck Leasing was created in 1969.
