Duration: depending on accounting standards HGB 15– 32 months*
Installments: monthly expenses are fully tax-deductible
Liability for material defects: entitlements are transferred from lessor to lessee
Accounting/depreciation: depending on accounting principles.
HGB: on the side of the lessor
US-GAAP: in case of an operating lease on the side of the lessor
IFRS: in case of an operating lease on the side of the lessor
Expiration of contract: return of systems, extension or buying option, basis for calculation is current market value.
*Duration for large mainframe computers: 34– 75 months