1303001 Informal Interpretation
… 1303001 Informal Interpretation 1303001 Informal Interpretation From: … I understandthat ordinarily enteringinto a lease is not the acquisition of an asset. Iunderstand that enteringinto a lease can be consideredthe acquisition of the leased asset where the lease is a …
Date
Rule
801.10
Bearing in mind that a capital lease is akin to an installment purchase agreement, the lessee receives the asset to use at the time of entering into the agreement and takes title to it at the end of...
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