According to the CRA, for a lease to be valid for tax purposes, then the lease must be primarily for business purposes.

Name: According to the CRA, for a lease to be valid for tax purposes, then the lease must be primarily for business purposes.
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For tax purposes, the Canada Revenue Agency (CRA) requires that a lease be primarily for business purposes to be considered valid and eligible for deductions.

According to the CRA, for a Lease to Be Valid