Once you run Volvo Construction Equipment you'll be aware of the advantages it gives you on soil, mud, concrete and snow. But you'll also be able to see huge benefits on paper. Loans and leases offer tax advantages that can benefit your operation in a multitude of ways.
Consider these advantages*:
- Leasing has possible tax advantages of deducting payments as a business expense
- In many areas of the United States, you only pay "use tax" on your monthly lease payment, not sales tax on the full purchase price