Taxes are paid clearly on time and for a certain period of time. It is precisely this period of time for different types of tax that can be calculated in different ways. And it is called the tax period.
Instructions
Step 1
Article 55 of the Tax Code of Russia defines the tax period as a calendar year beginning on January 1 and ending on December 31. Also, a tax period can be called a different period of time, after which the tax base is determined and the amount payable is calculated. But the second provision concerns only a separate part of taxes. And for some types of profits, the tax period simply does not exist. These include lump-sum income such as tax on property that passes into ownership as a result of inheritance or donation. Therefore, before filling out the declaration, you need to figure out what scheme you will use to calculate and pay the tax liability.
Step 2
If the organization was created at the beginning of the year, then taxes on its income will be paid for the entire year when it was created. If it was created in the middle of the year, then its first reporting period will be six months from the entire tax period. If it was created in December, then the tax period for it will begin only from January 1, and the first working December will simply be included there.
Step 3
But there are certain types of taxes for which the tax period is set for the entire calendar month or quarter (in accordance with paragraph 4 of Article 55 of the Tax Code of the Russian Federation). These taxes include, for example, value added tax paid by small businesses. In this case, the tax period will be equal to 3 calendar months.
Step 4
A tax period can consist of one or more reporting periods. In such a case, as a rule, the obligation is paid through advance payments. Such clarity in determining the tax period, according to experts, can often cause serious violations of taxpayers' rights.
