In the publication definition of the enterprises at which the annual tax period begins on July 1 is made and comes to an end on June 30 the next year. Features of drawing up of the declaration by the specified enterprises from 01.07.05 are considered. For 30.06.06: structure of the annual declaration, declaration and tax discharge terms, indexation of a gross income and gross incomes, calculation of a price index of inflation, application of item 5.9 of the Law on profit, concrete examples.
FEATURES of DRAWING UP by AGRICULTURAL ENTERPRISES of the DECLARATION ON PROFITS TAX (part 1)
For the enterprises – the producers of a selkhozprodukyotsiya being payers of a tax on pribyl, the annual tax period is established, kotoyory begins on July 1 and comes to an end on June 30 the next year (item 11.1 of the Law on profit).
The enterprises at which valoyovy the income of sale of agricultural products of sobstvenyony production for the previous fiscal (nalogoyovy) year exceeds 50 % of total amount of a gross income (item 16.4 of the Law on profit) treat such enterprises for taxation on profit.
In this consultation we will consider features of a soyostavleniye of the declaration the specified enterprises from 01.07.05 for 30.06.06.
Let’s remind that agricultural enterprises – payers of FSN are released from submission of the declaration on the profits tax as now it isn’t provided by the Law on FSN.
Structure of the annual declaration
Agricultural enterprises (SHP) by results of fiscal year represent the full declaration on the profits tax (to item 16.4 of the Law on profit). The form of a deklarayotsiya and the general rules of its filling are defined by Poyoryadk No. 143.
The declaration consists from header, two main chayosty and ten appendices (K1, K2, KZ, K4, K5, K6, K7 and R1, R2, RZ). The K1 appendix consists of two parts: K1/1 and K1/2*.
If separate lines of the declaration aren’t filled in the absence of this operation (sum), platelshhiki the profits tax shouldn’t represent to naloyogovy body the appendices provided in the sootyovetstvuyushchy line.
The declaration is represented to taxing authority nezavisimo from that, arose or not in the reporting period the tax obligation. It is filled in grivnyax (without kopeks) with a rounding off by the general rules.
Declaration and tax discharge terms
The declaration from 01.07.05 for 30.06.06 predstavlyaetsya SHP in the terms defined for the annual tax period (Law No. 2181 subitem 4.1.4). To Poetoyom it should be submitted no later than 29.08.06.
To pay the sum of the tax obligation on the profits tax it is necessary no later than 08.09.06.
Let’s consider an order of filling of some pokazayotel of the declaration.
Indexation of a gross income and gross expenses
Agricultural enterprises are obliged to index a gross revenue and the gross expenses, added (suffered) during tax year (item 14.1 of the Law on profit). The order of indexation is defined by Order No. 212.
The gross revenue and gross expenses are indexed on the basis of official indexes of inflation. For etogo it is necessary to define a chain index of inflation puyoty multiplication of indexes during the period, which nachinaetsya since a month following after a month of obtaining of the vayolovy income (gross expenses), till the end of otchetyony tax year.
For June (the last month of fiscal year) the gross revenue and gross expenses aren’t indexed.
Example 1
The agricultural enterprise for March, 2006 received a gross revenue in the sum of 150 000 UAH. (without the VAT) also incurred gross expenses in the sum of 110 000 UAH.
The chain index of inflation for indexation of a gross income and gross expenses for March pays off as work of official indexes for April, May, June, 2006 which is equal 1,001 [0,996 x x 1,005 x 1,0 (for June the conditional index of an inflyayotsiya is taken)].
The indexed sums for March will make:
• a gross revenue – 150 150 UAH. (150 000 UAH. x 1,001);
• gross expenses – 110 110 UAH. (110 000 UAH. x 1,001).
Changes in a part of an opreyodeleniye of the tax period aren’t made to the Order No. 212 for agricultural enterprises. Therefore we will explain the mechanism of indexation of a gross income and gross expenses taking into account changes, vneyosenny in the Law on profit.
For carrying out indexation of SHP should conduct in the otyodelny magazine tax accounting of a gross income and gross expenses in a cut of months reporting perioda under articles defined by the declaration.
At calculation of the sums of indexation of a gross income and gross expenses Calculation for a form, priyovedenny in the annex to the Order No. 212 is made.
For calculation of a chain index of inflation predlayogay the calculation table (tab. 1), in which privedeny real indexes.
Therefore the given indicators of chain indexes can be used for indexation gross doxoda and gross expenses of the enterprise.
Table 1
For reflection of the sums of indexation of a gross income and gross expenses aren’t provided separate stroki neither in the declaration, nor in annexes to it. Therefore they can be reflected respectively in p. 01.6 Other income and p. 04.13 declaration "Other expenses".
Application of item 5.9 of the Law on profit
Agricultural enterprises should conduct tax accounting of a gain (decrease) of balance cost purchased zapasov in warehouses in a work in progress and the remains of finished product according to item 5.9 of the Law on profit. Standards of item 5.9 of the called Law are applied by the specified taxpayers to the tax period equal to 12 months, since 01.07.05 for 30.06.06.
The assessment of leaving of stocks is carried out on one of the methods provided P (C) BU 9 "Stocks". Within tax year of a method of an assessment with a view of tax accounting it is forbidden to Izyomeneniye.
In an incomplete proyoizvodstvo and the remains of finished product it is possible to define cost of purchased stocks in two ways:
way 1: direct calculation by calculation of a stoyoimost of the purchased stocks which have been written off in accounting from accounts 20, 21, 22 in work in progress structure into account 23, and then into account 26 or 27;
way 2: with application of average percent (share) of purchased stocks in expenses on production of a selyyokhozproduktsiya for fiscal year. In this case the stoyoimost of purchased stocks in the remains of a work in progress and finished product is defined as work of total amount of an incomplete proizyovodstvo and finished product on the beginning and for the end of the reporting period and average percent of such pokupyony stocks in prime cost.
At definition of a gain (decrease) of stocks it is necessary to consider a share of material inputs and in obshcheproizyovodstvenny expenses which join in proizyovodstvenny product cost (works, services).
Tax accounting of a gain (decrease) of cost of stocks is conducted only on those stocks, expenses on a priobreyoteniye and which improvement join in structure of gross expenses, except for the free of charge poluyochenny.
The gain of stocks doesn’t join cost of stocks previously paid, but not received by a pokuyopatel.
The decrease of stocks doesn’t join cost of stocks paid, but not shipped by the seller.
Material values, which cost not prevyshaet 1 000 UAH., intended for an ispolzovayoniya in economic activity (within more than 365 days), join in structure of gross expenses and are subject to recalculation according to item 5.9 (Zakoyon’s subitem 8.2.1 about profit). This group of values joins the assets considered on subaccount 112 Invaluable non-turnaround material assets.
In case of a markdown (dootsenka) of stocks by accounting rules balance cost such zapasov doesn’t change for tax accounting. That is balance cost (decreases) by the sum of a markdown (dootsenka) respectively uvelichivaetsya zapasov which are considered in accounting for the end of the reporting period.
Calculation of a gain (decrease) of balance cost zapasov, is carried out in appendix K 1/1 tab. 1 by the types of stocks listed in the lines A1 – Ab, and invaluable non-turnaround material assets otrazhayutsya in the line A7.
Result of a total line A (gr. b) tables otrazhaetsya it is curtailed and it is put down in the declaration in a sleduyuyoshchy way:
• the amount of increase of stocks increases gross doxod and registers in line 01.2;
• the sum of a decrease increases gross expenses and otrazhaetsya in p. 04.2.
Example 2
Conditions of an example on movement purchased zapasov for the reporting period from 01.07.05 to 30.06.06 are given by SHP in tab. 2.
(UAH.)
Note. Stocks when leaving were estimated on a method of the average prime cost.
The data provided in tab. 2, are used when filling tab. 1 of the appendix K 1/1.
The decrease of stocks according to calculation made 96 727 UAH., this sum registers in declaration p. 04.2.
In the following numbers we will continue consideration of features of drawing up of the declaration on profit of agricultural enterprises, namely:
• definition of tax amortization of fixed assets;
• tax accounting of expenses on improvement of fixed assets.
Dodatok K1/1 to ryadkiv 01.2, 01.5, 04.2, 04.10 that 07 deklarac i ї
Tablicya 1. Rozrakhunok to a gain (ubutka) balansovo ї vartosti zapasiv (fragment)
Method ots_nka (method) ubutka zapasiv (potribne poznachiti)
List of documents
1. The law Ns1957 – the Law of Ukraine from 01.07.04. About modification of the Law of Ukraine About the taxation of profit of the enterprises.
2. The law No. 2181 – the Law of Ukraine from 21.12.2000. About an order of repayment of obligations of taxpayers before budgets and the state specialized funds.
3. An order No. 143 – the Order of drawing up of the declaration on the company income tax, approved by the order GNAU from 29.03.03.
4. An order No. 212 – the Order of indexation of gross incomes and expenses of the enterprises – producers of the selskokhozyaystvenyony production, approved by the order of the Ministry of Agriculture and the food of Ukraine from 15.07.97.
(On Balans-Agro newspaper materials).