Income tax is categorized as federal corporate tax. It is collected by the tax agent based on the amount of income received minus production costs. In order to determine the income tax, you need to apply the tax rate in accordance with the Tax Code.
It is necessary
- - balance sheet;
- - Tax code;
- - calculator.
Instructions
Step 1
Before determining the tax itself, you need to calculate the taxable profit. This is the amount officially declared by the taxpayer, on which the tax is calculated. It is based on gross profit, calculated according to the balance sheet of the enterprise. From this amount, three values must be deducted: income from events taxed with Pmer tax, real estate tax Nn and preferential income Лд:
Pnal = Pval - Pmer - Nn - Ld.
Step 2
The amount of Pmer is the aggregate of income from operations with the company's securities, participation in partnership projects, etc. The exception is the operation of issuing shares or paying dividends to founders, which do not exceed the amount of his contribution to equity capital. Preferential income is a part of the company's profit that goes to social, charitable needs, elimination of the consequences of accidents, fires, etc.
Step 3
To determine income tax, you need to select a tax rate. As of 2012, the basic rate is 20%. In addition, there are the so-called special rates: 0%, 9% and 15% for certain types of profit in the form of receiving dividends, which are described in detail in paragraph 3 of paragraph 1 of Article No. 284 of the Tax Code.
Step 4
The 0% rate for determining income tax applies to dividend income, provided that your organization owns at least 50% of the share capital or fund of the company making the payment. In addition, the amount of dividends must also be at least 50% of all dividends paid by the company.
Step 5
The 9% tax rate is used to tax profit in the form of dividends in a situation other than that described in the previous paragraph.
Step 6
The 15% rate is included in the calculation when receiving dividends by foreign organizations.
Step 7
So, let's say the income tax rate in your case is 20%. You can calculate in two ways: find the amount of tax and the amount of profit without tax (net profit):
Nprib = Pnal • 20/100 = 0, 2 • Pnal - the amount of tax;
Pnal - Nprib = Pnal • (100 - 20) / 100 = 0, 8 • Pnal = Pchist - net profit.
Step 8
The net profit of the organization is its main income, which is then distributed in the form of new investments in production in order to expand it and increase future profits, and is also an additional amount to equity. This increases the market value of the company, i.e. increases its status among competing firms.
