According to Art. 246 of the Tax Code of the Russian Federation, all legal entities, without exception, receive income from their activities, are payers of income tax. Therefore, it is important for each organization to correctly calculate the value, this will avoid further disagreements with the tax authorities.
Instructions
Step 1
Determine the tax base for calculating the tax. Keep in mind that this term refers to the income of the enterprise. If a negative result was obtained (i.e. a loss), then in this case this indicator will be equal to zero. The tax base is determined on the basis of proceeds from goods sold, services rendered and works performed minus the amount of expenses. Roughly speaking, the difference between gross income (revenue) and distribution costs (costs) is the tax base. The indicator is calculated based on income received from: • Equity participation in the activities of third-party organizations; • Operations with securities; • Activities of a simple partnership; • Trust property management; • Assignment of the right of claim; • Transfer of property to the authorized capital of the organization; • Activities using service facilities.
Step 2
Multiply the result with the current income tax rate, which today is 20% (for privileged categories of taxpayers, it can be lowered). Here you need to use the formula: Pr = VD * N / 100, Where Pr - profit; VD - gross income (revenue); H - tax rate, i.e. 20%. For example, the indicator of the organization's revenue for the current tax period amounted to 1,740 thousand rubles. In this case, the amount of tax payable will be equal to 348 thousand rubles. (1 740 * 20/100).
Step 3
The frequency of payment of income tax is 1 calendar year, the quarter, half year and 9 months are equated to the reporting periods. Payers who apply monthly advance payments must prepare accounts at the end of each month. When calculating the current income tax, for example, for the past six months, only income received during this period is taken into account.
Step 4
Based on the calculations made, fill out the tax return and pay tax in accordance with the following deadlines: • By March 28 inclusive (tax at the end of the year); • Within 28 days after the end of the next tax period (monthly advance payments and advance payments based on the results of the reporting period) …
