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Financial Leasing Law

Financial Leasing Law number 3226

The discrepancies experienced by the companies at the accounting stage in leasing implementations are as follows.

  PREVIOUS IMPLEMENTATION CURRENT IMPLEMENTATION
Subject Lessee Lessor Lessee Lessor
Accounting them as Fixed Assets
No Yes Registers them as
Utilization Rights
in the Assets
Accounts them
in the Assets
with Tracking
Cost (*)
Depreciation Not allowed Yes Yes Not allowed (*)
Revaluation Not allowed Allowed Allowed Not allowed
Investment Deduction
 Cannot benefit from it
 Allowed
 Cannot benefit from it
 Allowed
Registering as an
Expense
All the rental Invoice Economical
Value
(Through
Depreciation)
 Depreciation and
Interest Expense		 Not Allowed
Registering as a Not allowed All the Lease Not allowed The Interest
Amount Shown
in the Lease
Invoice

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