If, as a result of some transaction, the organization does not want to declare too high a profit, there are ways to visually increase the cost of goods. How can I do that?
Instructions
Step 1
If, for example, you decide to change a supplier for one whose prices are much lower, and you don't want to pay extra income tax, increase the cost of goods on paper by changing material costs: increasing the cost of transportation or increasing labor costs. In this case, the external difference between the former and the present profit will be insignificant and the question of taxes will not arise.
Step 2
If, for example, a product is purchased at a very low price, and you want to sell it at market prices, so as not to arouse suspicion among future customers, increase the cost of production by deducting amounts to social funds and transportation costs. After increasing the cost in this way, the profit may be less, but an unreasonably low price will not cause doubts about your honesty.
Step 3
Increasing the cost is also beneficial if your company is a subsidiary. Large production costs lead to an increase in financial flows from the owner-investor, and this is a chance to increase your own income. Effective ways to increase costs are to increase other expenses (consulting and agency services), increase salaries for employees and administration, and purchase more expensive raw materials. A skilled accountant can greatly improve the well-being of your business, but still try to be in moderation.
Step 4
Please note that all such actions are contrary to the Tax Code of the Russian Federation and can lead to complications in relations with law enforcement agencies, in particular, the department for combating economic crimes. Try to achieve your goals in the most legal way, without chasing excessive profits. Sometimes it is better to lose a small amount than to be involved in a criminal case for malicious tax evasion.
