On a tax lease _______________ gets the depreciation and tax credits, and _________________ has legal ownership of the asset.

Name: On a tax lease _______________ gets the depreciation and tax credits, and _________________ has legal ownership of the asset.
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In a tax lease, the lessor retains both the benefits of depreciation and tax credits as well as legal ownership of the asset. This is because the lessor is considered the owner of the asset for tax purposes.

On a Tax Lease _______________ Gets the Depreciation and Tax