Property tax is a regional mandatory payment that all owners of real estate and land must pay. For all the "simplicity" of property tax, it raises many questions even among specialists.
Instructions
Step 1
Read the following documents: - Article 30 of the Tax Code of the Russian Federation;
- PBU 6/01 "Accounting for fixed assets" (Order of the Ministry of Finance of the Russian Federation of March 30, 2001 No. 26n with amendments and additions)
- The territorial law of the constituent entity of the Russian Federation "On the tax on the property of organizations" in the territory of which the taxpayer is located in relation to the rates of property tax and with the procedure for its payment;
- Order of the Ministry of Railways of the Russian Federation "On Approval of the Form of the Tax Declaration for the Property Tax of Organizations …" No. SAE -3-21 / 224 dated 03.23.04
Step 2
Determine which group of expenses the property tax belongs to in your business. Answer the question - it is much more logical to attribute it: to the cost of products / services, to general production, general or other expenses. Proceeding from the principle of expediency, in the Order "On accounting policy" at the beginning of the reporting period, reflect the principles of attributing property tax to a particular account, applied in your enterprise. At the same time, keep in mind that for industrial enterprises it is more logical to assign property tax to Dt 20, 23, 25, 26 accounts, or to distribute property tax between these accounts. For trade enterprises - on Dt 44 accounts, for enterprises providing services and with insignificant turnover - on Dt 91.
Step 3
Match all of the above accounts with credit 68 of account "Calculations of taxes and duties" and its corresponding subaccount.
Step 4
Calculate property tax by applying the tax rate to the tax base. The tax base is the average annual value of the property.
Step 5
Consider the difference between the advance payments and the property tax accrued for the reporting period. The amount of advance payments is reflected in the debit of account 68.
Step 6
Fill in and submit the declaration, pay the rest of the property tax. Enter the payment details into the appropriate accounting accounts. It should be noted that in accordance with Article 379 of the Tax Code of the Russian Federation, the tax period for property tax is a year. Reporting periods: first quarter, half year, nine months and a year.
