TSXV:SUGR.W.H - Post by User
Comment by
mystique1on Feb 11, 2022 5:08pm
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Post# 34422045
RE:RE:The news from the AGM are still reverberating thru
RE:RE:The news from the AGM are still reverberating thruhey Wetone.....Revenue Canada allows a deduction, for leased vehicles, a limit on monthly lease payments of $800/mo or $9,600/yr.
Say a company spends $60,000 annually on leased vehicles...what can it get? Well, suppose the company is profitable and rewards its key people for successful performance, the company could qualify for 7 $800.00/mo vehicles or more vehicles at a lower monthly lease price. Now what could the company lease for these key people? Google leased vehicles for $800.00/month and see for yourself. Don't choose a small budget model, pick something prestigious showing your company's success. Forget a Lamborghini - too ostentatious, settle for an Audi, BMW, Benz, Lexus, Infinity. Make sure there's a buy option at end, just in case girlfriend or mistress might be in need.
WetOne....any idea where Sugr fits in?