Taxes

• Income Tax
  Not necessarily. Although many qualified issuers are exempt from sales tax, with regards to lease purchase financing, the term “tax-exempt” is referring to the fact that, if the transaction is structured properly, the lessor is exempt from paying income tax on the interest income from the transaction which allows the lessor to offer lower interest rates to their customers.

Planning

• Asset Management
  Educational institutions use equipment financing to fund an array of hardware and software needs, including laptops and tablets, computer monitors, servers, networking devices such as routers, and instructional software. Some schools are even deploying asset management software to keep track of the many IT devices required for students, staff and administrators.