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Corporate Taxation and Leasing

Published online by Cambridge University Press:  06 April 2009

Hal Heaton
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Abstract

It is shown that the existing tax law with its incomplete tax-loss offset will often lead to leasing contracts being advantageous to firms. This result obtains even if firms are in the same tax bracket and have the same probability of having positive taxable income.

Type
Research Article
Information
Journal of Financial and Quantitative Analysis , Volume 21 , Issue 3 , September 1986 , pp. 351 - 359
Copyright
Copyright © School of Business Administration, University of Washington 1986

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References

REFERENCES

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