Sometimes the company shows a loss in the tax return during some accounting periods. In this case, the tax inspectorate may request a justification for unprofitable reporting. In this case, you should carefully consider the information provided and take certain measures to solve the problem.
Instructions
Step 1
Study the articles of tax legislation, which provides for a variety of measures in case of losses in the enterprise. Pay attention to clause 3 of Article 88 in the Tax Code of the Russian Federation, which states that an explanation must be written if there is an error in the tax return itself or in the case of providing conflicting documentation that the taxpayer may attach. But the law does not say anything to the account of unprofitable reporting, which is why the inspectorate refers to the above paragraph of the law, which requires writing an explanatory note, referring to incorrect calculations of income and expense.
Step 2
Write an explanation. At the same time, please note that it must be drawn up in any form and addressed to the head of the tax authorities. The explanatory one must necessarily contain reasons that reflect the formation of a loss as a result of the financial economic activity of the company for the past reporting year (or other period).
Step 3
Analyze which, in your case, can be considered valid justifications for the tax. Please indicate that the funds were spent for the development of the company. Such a reason is ideal for a new enterprise, since at the beginning of its own activity it could face great competition, search for counterparties and the need for development.
Step 4
Refer to some specific non-standard operations (if any). This reason can justify many unforeseen expenses in a stable company. Thus, you can indicate that your company mastered a new production or reconstructed assets (fixed assets of the company), which led to an increase in costs and a drop in sales.
Step 5
You can justify losses by the loss of important counterparties, which accounted for the largest part of the profit. In addition, the reason for unprofitableness may be a decrease in the company's income. For example, you can write that an organization has decided to temporarily lower prices for goods in order to increase competitiveness.
