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Due to limited storage space, he decided to destroy them, but he wonders whether in the future the tax office will require him to correct the VAT charged on their purchase. Here we will refer to one of the tax interpretations. In the case of goods, remember to provide appropriate documentation confirming their disposal depending on the category of goods being disposed of. In interpretation no. -KDIB - . MGO of January , , a question was asked about the lack of obligation to correct VAT charged on a liquidated fixed asset.
The entrepreneur is of the opinion that there is no obligation to correct the input VAT. The Director of the philippines photo editor National Tax Information agreed with this position, citing the provision (Article of the VAT Act) in which this type of transaction was not mentioned as a condition triggering the obligation to correct the input tax. Withdrawal of items from the company's assets - VAT free In the case of entrepreneurs who benefit from a subjective exemption (up to PLN or a subjective VAT exemption, if they were not entitled to deduct VAT charged on the purchase, they are not obliged to settle VAT when withdrawing items from the company's assets.
Example Mr. Jakub takes advantage of the VAT exemption, he wants to withdraw the company printer to his private property, he was not entitled to deduct the VAT charged on the purchase, therefore at the time of withdrawal it does not result in VAT consequences. However, Mr. Jakub will have to remember the rules applicable to income tax. Withdrawal of items from company assets - income tax In turn, in terms of income tax, the situation is slightly different. If we decide to withdraw an asset that is not a fixed asset to private property, this does not mean that we are obliged to pay income tax. Such an obligation arises only when such an asset is sold.
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發表於 2023-10-8 15:04:53