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    Contemporary Financial Management Study Set 1
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    Exam 19: Lease and Intermediate-Term Financing
  5. Question
    The IRS Has General Rules Pertaining to the Tax Status
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The IRS Has General Rules Pertaining to the Tax Status

Question 40

Question 40

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The IRS has general rules pertaining to the tax status of true leases which allow the annual lease payments to be tax deductible.What are those rules?

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