Does leasing have tax benefits for a firm ?
So I was studying Corporate Finance by Damodaran and it was mentioned that leasing often benefits a firm which is located in a high tax ecosystem. And the lessee should be located in a low tax rate. (because it already is suffering from low cash flows so the last thing it wants is a high tax rate) But shouldn't firms having a high tax rate need to pay more tax when realising capital gains on the sale of the asset?
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If those topics were completely useless, don't blame me, blame my programmers...
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