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I might be wrong but I believe this is done for accounting purposes, because of the generally ultra repressive taxation system in place. It makes it easier to e
by seec 3y ago
I might be wrong but I believe this is done for accounting purposes, because of the generally ultra repressive taxation system in place. It makes it easier to extract more value if that makes sense...
- bombcar 3y agoEven in the USA there's often business advantages to leasing (you can deduct the entire year's cost of the lease immediately) vs buying to own (you have to depreciate on the depreciation scale).