| – | On the balance sheet the leased object is classified as property of the lessee and is written off accordingly. He is responsible for all expenses relating to the leased object.
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| – | When the lease contract expires the lessee automatically receives all legal rights of ownership.
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| – | Finance leasing agreements with a purchase option ensure that the lessee can purchase the object at a guaranteed price when the contract expires.
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| – | Sales tax for the entire lease object is due at the beginning of the lease period and can be used as a pre-tax deduction. In the case of Finance Leasing with purchase option sales tax is due for the capital portion of the leased object.
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| – | The sales tax is due for the leased object and qualifies as a pre-tax deduction.
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| – | Leasing payments are comprised of money owed on capital plus interest. |
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