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Lease payments in advance and cash inflows

This topic has 1 reply, 2 voices, and was last updated 9 years ago by John Moffat.

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May 31, 2015 at 8:37 am #250814
allenmendonca
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If there are lease payments made in advance and cash inflows are there, would we have to calculate the tax payment on the inflows and the tax savings on lease payments separately?
May 31, 2015 at 11:08 am #250899
John Moffat
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Yes – because the timing of the tax is different.
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