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Paula is planning to either purchase or lease a $50,000 automobile.

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Paula is planning to either purchase or lease a $50,000 automobile.;She anticipates that business use of the auto will be 60% for the first two years but will decline to 40% in years three through five.;Currently, Paula?s marginal tax rate is 15% but she anticipates that her marginal tax rate will be 35% after a few years.;What tax issues should Paula consider relative to the decision to purchase or lease the automobile? Explain.;Please make sure that the word count is at least 150 words. Please answer ASAP...

 

Paper#30814 | Written in 18-Jul-2015

Price : $20
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