The Car and Truck Fleet and Leasing Management Magazine

Fleet Financials: There’s No Escaping Fleet and Taxes

February 28, 2013

In this article from Fleet Financials magazine titled There's No Escaping Fleet and Taxes, a number of representatives from different fleet management companies explain the tax-related issues involved with managing a corporate fleet.

Topics covered include the tax implications of leasing vs. owning, fleet-specific tax issues, such as bonus depreciation, and upcoming changes to the tax landscape.

You can read the full article, There’s No Escaping Fleet and Taxes, here.

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A specialized version of an open end lease used in the United States primarily for automobiles and light-duty trucks. TRAC is an acronym for "Terminal Rent Adjustment Clause," an arrangement featuring a final rental adjustment on the lease which occurs after the vehicle is removed from service and sold.

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