Income tax is a direct tax on the income of enterprises of all forms of ownership. It is established and collected from payers on the basis of Article 25 of the Tax Code of the Russian Federation. How do you charge it?
It is necessary
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Instructions
Step 1
Read the Regulation of the Ministry of Finance of the Russian Federation No. 114n PBU 18/02 of November 19, 2002 "Accounting for income tax calculations", which indicates the procedure for reflecting tax in the accounting department of the enterprise. The calculation of the tax base or taxable profit is based on Article 274 of the Tax Code of the Russian Federation. The tax period for income tax is regulated by Article 285 of the Tax Code of the Russian Federation and is equal to one calendar year. According to Article 286 of the Tax Code of the Russian Federation, payment of income tax to the budget is made by all taxpayers in advance payments on a monthly or quarterly basis.
Step 2
Calculate tax on accounting income, also referred to as deemed income tax expense. It is equal to the product of accounting profit and the tax rate from the tax base, in accordance with Article 284 of the Tax Code of the Russian Federation. It is necessary to exclude the cost of producing products or services from the calculation.
Step 3
Perform accounts 99 subaccount "Conditional expense for income tax" and on the credit of account 68 subaccount "Calculations for income tax". Thus, notional expense will be charged. Conditional income is accrued by opening a debit of account 68 on the subaccount "Calculations of income tax" and credit of account 99 on the subaccount "Conditional income on income tax".
Step 4
Calculate your current income tax. Determine the difference between accounting and taxable profit resulting from some rules for accounting for expenses and income of an enterprise under the Tax Code of the Russian Federation and the Accounting Regulations. Clean out permanent and temporary differences.
Step 5
Add up the permanent tax liability with the deferred tax asset, subtract the deferred tax liability from the amount. Add the notional expense or subtract the notional income tax to this value. As a result, you will receive an accrued income tax.
