Value added tax is an indirect tax that is charged on almost all types of goods and is a heavy burden for the entrepreneur and the end consumer. There are several legal and proven schemes to minimize VAT and reduce tax pressure. At the same time, it is important not only to know these methods, but also to be able to use them correctly, otherwise you can come under the scrutiny of the tax inspection.
Instructions
Step 1
Take out a loan instead of getting an advance. Upon receipt of an advance, the buyer is obliged to charge this amount of VAT, which the seller is obliged to pay in the future. At the same time, he loses the opportunity to deduct tax from an incomplete amount of payment until the final calculations are made, not only in money, but also in goods or services. In this regard, it will be easier to conclude a loan agreement for the amount of the advance payment in order to avoid taxation of VAT. The date of return of the borrowed funds should be close to the date of the final delivery of the goods.
Step 2
In this case, it is necessary to note in the purchase and sale agreement that the goods are delivered without receiving an advance payment. This method of minimizing VAT is very risky, since tax authorities very often pay attention to loan issuance operations, considering this scheme as a way of tax evasion. In this regard, the issuance of a loan must be economically justified.
Step 3
Use a written down payment agreement instead of an advance. According to the Civil Code of the Russian Federation, where the deposit is described as a means of securing obligations and cannot be accepted as an advance payment, VAT is not charged on such an operation. Also, receiving a deposit is not included in the tax base for income tax.
Step 4
Establish in the sales contract another reason for the transfer of ownership of the product. According to the Civil Code of the Russian Federation, ownership arises at the time of transfer of goods, unless otherwise specified in the contract or legislation. If you specify a different procedure for the transfer of ownership, then you can get a deferral for paying VAT to the budget, since according to the Tax Code of the Russian Federation, tax can be charged only upon the sale of goods and transfer of ownership.
Step 5
Replace the sales agreement with a commission agreement or agency agreement. This method of minimizing VAT is suitable for companies that are engaged in the resale of goods, while an organization using a special tax regime should act as a counterparty.
