Re: Good going

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TKJunkMail
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join:2002-03-03
Avalon, NJ

·Sprint Mobile Broa..

·Comcast

said by BPLSUCKS

:

Exec 1:"Don't worry we will lease them back and end up paying more in the long run than if we kept them ourselves!"

There are tax advantages leasing versus owning. State & local taxes can be eliminated and federal taxes can be reduced as leases are operational expenses that reduce taxable income.
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permalink · 2008-07-24 10:26:39 · Print ·

jjeffeorynotanon @tds.net	Re: Good going said by TKJunkMail : said by BPLSUCKS : Exec 1:"Don't worry we will lease them back and end up paying more in the long run than if we kept them ourselves!" There are tax advantages leasing versus owning. State & local taxes can be eliminated and federal taxes can be reduced as leases are operational expenses that reduce taxable income. Exactly! One thing we both agree upon.
	permalink · 2008-07-24 11:13:19 · Print ·

amigo_boy join:2005-07-22 Tempe, AZ ·Cox HSI ·magicjack.com	said by TKJunkMail : State & local taxes can be eliminated and federal taxes can be reduced as leases are operational expenses that reduce taxable income. Doesn't the new owner of the towers have the same tax consequences that the towers previously caused for Sprint? Won't they just pass that along to Sprint? Mark
	permalink · 2008-07-24 11:27:17 ·

TKJunkMail
Enjoy the sun
Premium
join:2002-03-03
Avalon, NJ

·Sprint Mobile Broa..

·Comcast

Re: Good going

said by amigo_boy

said by TKJunkMail

:

State & local taxes can be eliminated and federal taxes can be reduced as leases are operational expenses that reduce taxable income.

Doesn't the new owner of the towers have the same tax consequences that the towers previously caused for Sprint? Won't they just pass that along to Sprint?

Mark

That would all be taken in to account with the terms of the lease. Obviously the tower company would want all their costs( + a profit) covered in the lease. So the localities aren't losing anything, but Sprint gets advantages by having the costs covered "above the line" in the lease.
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permalink · 2008-07-24 11:33:39 · Print ·

insomniac84 join:2002-01-03 Schererville, IN	But all the original tax is still being charged to the new owner and sprint will have to pay some tax. This equals more taxes overall. And the new company is going to have to collect this money, plus an additional 50% for profit. Sprint has to be going under.
	permalink · 2008-07-24 16:48:48 ·

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