Michael:

>
> Sabri:
>
> > Dear Michael,
> >
> > Can you be more explicit? What you mean by structures is not
> > very clear to me.
>
> Buildings.

Can this have something to do with the capital versus operating leases in
the US?

Like, many corporations have "sold" the buildings they bought to a bunch of
lawyers who built a shell company and later "leased" the buildings they
actually owned from that shell company.

But this would slow down the speed of depreciation, wouldn't it?

Is this not similar to that Citigroup owns the second largest air fleet
after the US air force also decreases the rate of depreciation for the US
airlines?

What can be the trick here?

How do Citigroup and these shell lawyer companies depreciate the "assets"
they supposedly own and to what effect?

Sabri

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