Re:$3 Trillion in Forgotten Debt
by jessaustin on Saturday November 18, 2017 @12:06AM
(#15727849)
Who would be the victim of fraud in the situation described above? It's my understanding that both the lessor and the lessee know about the office supplies.
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Re:$3 Trillion in Forgotten Debt
by JumpCrisscross on Saturday November 18, 2017 @12:08AM
(#15727852)
And the IFRS rules in question came about to ensure investors were similarly informed. Leasing is less capital intensive, more tax efficient and more flexible than owning.
Case in point: when I consume a bottle of water from my Uber driver, I am consuming it as part of a lease.