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A parent company may want to shift profits to the controlling interest and may use intercompany capital leases to accomplish

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A parent company may want to shift profits to the controlling interest and may use intercompany capital leases to accomplish that end. Is there an opportunity to do that with both direct financing and sales-type leases? What are the differences between the two types of leases with respect to income shifting?

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Either type of lease can shift income to the controlling …View the full answer


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Advanced Accounting

Advanced Accounting

ISBN: 978-0538480284

11th edition

Authors: Paul M. Fischer, William J. Tayler, Rita H. Cheng

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Question Posted: April 13, 2015 10:07:50
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