Development of accounting techniques for incomes received in the form of free-of-charge essential fixed assets

Abstract

Purpose: to study of problems arising from the reflection in the accounting of gratuitous assets, issues related to the moment of determining the income from the gratuitous receipt of fixed assets, determining the period of their reflection in accounting and organizing tax accounting in order to calculate income tax. Discussion: the order of reflection in the accounting of the gratuitous receipt of fixed assets, depreciation on them, revaluation of the gratuitously received object, determination of the fact of recognition of income from the gratuitous flow of fixed assets, the occurrence of temporary differences, the reflection in the accounting of the deferred tax asset and its repayment as it accrues depreciation, organization of tax accounting for operations related to the donation of fixed assets, the calculation of tax on fable. Results: development of accounting methods for gratuitously received fixed assets, determination of the moment of recognition of income from gratuitous receipts upon receipt of a fixed asset or putting it into operation as income from investment activities, determination of the taxable base for calculating income tax.