Value added tax is an indirect amount that is added by the seller to the price of the goods. An equal amount of tax is then paid to the budget. It seems that the company does not lose anything, but the underpaid amount of VAT increases the company's income and is not subject to income tax.
Instructions
Step 1
Free your business from VAT. This method is provided for by law and is based on Article 145 of the Tax Code of the Russian Federation. An enterprise has the right to be relieved of its obligations as a taxpayer if certain conditions specified in the article are met.
Step 2
Contact the Federal Tax Service to obtain a permit for non-payment of VAT, which will be valid for 12 months or until the corresponding right is lost. This method of reducing value added tax is not suitable for those organizations that cooperate with VAT taxpaying companies in the course of their activities. The fact is that you will not be able to issue invoices to such firms indicating the amount of tax, and they will not be able to indicate the deduction of VAT on purchased goods.
Step 3
Conduct transactions with the received advances. According to subparagraph 15 of clause 3 of Article 149 of the Tax Code of the Russian Federation, a loan is not a transaction subject to VAT taxation. In this regard, a loan agreement is concluded between the buyer and the seller for the amount of the advance. Further, instead of the novation agreement, the loan is returned to the buyer through the transfer to the supply agreement.
Step 4
Use a commercial loan. It is often used if a large consignment of goods or expensive fixed assets were sold during the tax period. In this case, the seller and the buyer agree to reduce the cost of products with a deferred payment. Equate the amount of interest in the amount of the discount.
Step 5
Carry out transactions with the goods in the load. When selling goods, on which a tax rate of 18% is charged, a minimum margin is set. At this time, the buyer offers the seller another product subject to 10% tax at a maximum mark-up. Carrying out such an operation will significantly affect the amount of tax.
