In the Tax Code of Russia there is a certain list of incomes that are not subject to mandatory income tax. This list is closed. This suggests that only those incomes are indicated in it, for the receipt of which it is necessary to pay taxes. All others, that is, those that are not included in this list, are subject to taxation.
Instructions
Step 1
Prepayment and received advance payment are not taxed. But this applies only to those cases when an organization practices the accrual method. If the company uses the cash method of recognizing all income and expenses, then income tax will have to be paid for the advance payment.
Step 2
You do not have to pay taxes for the deposit or the bond, which is issued to the organization in order to fulfill the terms of the contract. After the terms of the contract are fully fulfilled, the deposit is returned. But in order not to have to pay taxes, it is necessary to draw up a deposit agreement between the parties. Otherwise, the tax office has the right to classify this amount as profit for which tax will have to be paid. The main feature of a pledge relationship is that, regardless of who has the subject of the pledge, the property right to it is assigned to the pledger.
Step 3
According to article 251, sub-clause ten of clause of the first Tax Code of Russia, income tax is not levied on monetary amounts received under a loan agreement. Loan funds are taken on a repayable basis, that is, you undertake to return them in accordance with the agreement. It is for this reason that this amount will not be reflected in income.
Step 4
The organization has the right not to accept funds received free of charge in the form of income. This can be both property and money that was received from the organization. But for this it is necessary that the total authorized capital of the receiving party consisted of the transmitting party's contributions. In this case, the amount of deposits must exceed fifty percent.
Step 5
The tax is not levied on funds received from an individual for free use. But in this case, the authorized capital of the receiving party must necessarily consist of more than half of the funds of this individual. But it should be noted that the property will not be recognized as income only if it is not transferred to third parties within one calendar year after receipt. This does not apply to cash.
