The full amount of a lease payment is tax deductible provided the contract qualifies as a true lease under Tax Authorities guidelines.

Name: The full amount of a lease payment is tax deductible provided the contract qualifies as a true lease under Tax Authorities guidelines.
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If a lease contract qualifies as a true lease according to Tax Authorities guidelines, then the full amount of lease payment is tax deductible.

The Full Amount of a Lease Payment Is Tax Deductible