4 ms·
When does this cross the line and become fraud?
by quickthrower2 9y ago
When does this cross the line and become fraud?
- jessaustin 9y agoWho 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.
- JumpCrisscross 9y agoAnd 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.
- dd36 9y agoThe investor.
- Spooky23 9y agoUsually leases allow for overhead costs to be lumped in to some percentage. If you buy something, you can roll installation services into it. This was just stretching it.