scholarly journals Actual aspects of vat accounting for the purchase of goods

2020 ◽  
pp. 175-181
Author(s):  
Vasyl Bachynskyi ◽  
Valentyna Pomulieva
Keyword(s):  
Key Words ◽  
Systematic Approach ◽  
Value Added ◽  
Logical Analysis ◽  
Value Added Tax ◽  
Accounting Regulation ◽  
General Scientific ◽  
Legislative Changes ◽  
Tax Reporting ◽  
Tax Accounting

Purpose. The aim of the article is highlight the main aspects and current problems of VAT accounting in the purchase of goods and the search for effective solutions for its accounting. Methodology of research. General scientific and specific methods are used in the study: logical analysis, systematic approach, synthesis, induction and deduction, generalization (in the study of current norms and regulations on accounting regulation and display methods, accounting features), abstract and logical (in generalization of theoretical provisions and formation conclusions and suggestions). Findings. The current problems of VAT accounting for the purchase of goods are substantiated. It is proposed to use analytical accounts to reflect the value added tax when purchasing goods. The problematic aspects of the need to accrue VAT liabilities in the case of purchase of goods, their accounting are identified. Proposals have been formed for the use of analytical accounts to account for VAT liabilities. Emphasis is placed on ambiguous interpretations of tax norms and the opinion is expressed on the need for legislative and regulatory regulation of certain issues of value added tax accounting. Originality. Proposals have been developed to improve the accounting of value added tax when purchasing goods, which will ensure the possibility of forming the accounting policy of enterprises on VAT accounting and will contribute to the reliability of accounting, tax reporting and correctness of calculations with the budget. Practical value. The results of the study and the developed proposals can be used by VAT payers in developing the methodology of VAT accounting in their accounting policies and in accounting for value added tax, as well as implemented through legislative changes. Key words: Tax Code, value added tax, accounting, tax credit, tax liabilities, tax invoice.

scholarly journals Accounting for value-added tax at the enterprise: current state and ways of reform

2021 ◽  
Vol 20 (2(48)) ◽  
pp. 169-183
Author(s):  
L. O. Masina ◽  
А. Husiev
Keyword(s):  
Unsolved Problem ◽  
Value Added ◽  
The State ◽  
Value Added Tax ◽  
State Budget ◽  
Basic Principles ◽  
Current State ◽  
Tax Reporting ◽  
Tax Accounting

The article studies the theoretical and methodological foundations of value-added tax accounting at the enterprise. The main stages of the accounting process related to the calculation and payment of value-added tax are considered. The basic principles of application of the system of accounting accounts in terms of value-added tax are determined. The current methodology for displaying value-added tax in financial and tax reporting is analyzed. The ways of reforming the accounting of value-added tax are proposed.             The relevance of the problem of accounting for value-added tax is due to the significant importance of this tax for the state budget, as well as the relatively complex methodology for its calculation. The main purpose of this article is to study the basics of the accounting process of the enterprise for value-added tax. The main unsolved problem of scientists is the lack of a unified concept regarding the reform of value-added tax accounting.

THE ENVIRONMENT OF ELECTRONIC COMMERCE LEGAL AND TAX ISSUES

2021 ◽  
Vol 65 (04) ◽  
pp. 265-267
Author(s):  
Seymur Firdovsi Huseynov ◽  
Keyword(s):  
Electronic Commerce ◽  
Key Words ◽  
World Trade ◽  
Value Added ◽  
Legal Systems ◽  
Value Added Tax ◽  
Eu Legislation ◽  
Electronic Environment ◽  
Legal Problems ◽  
Consumer Rights

The growth of e-commerce in world trade has been so rapid that the legal systems of states and societies have been unprepared for the challenges that have arisen. These problems were not only related to the protection of consumer rights in the electronic environment, but also other legal, ethical and taxing issues. This article analyzes the legal and taxing problems posed by e-commerce, the conditions under which they arise, and the legislative techniques provided for in EU legislation in relation to the solution of these problems. Key words: e-commerce, taxation problems, legal problems, European value added tax

scholarly journals PENERAPAN TAX REVIEW SEBAGAI DASAR EVALUASI ATAS PEMENUHAN KEWAJIBAN PERPAJAKAN PPH BADAN DAN PPN

2018 ◽  
pp. 245
Author(s):  
I Kadek Agus Setiawan ◽  
Putu Ery Setiawan
Keyword(s):  
Income Tax ◽  
National Development ◽  
Value Added ◽  
Corporate Income Tax ◽  
Measuring Instruments ◽  
Value Added Tax ◽  
The Subject ◽  
The Difference ◽  
Tax Reporting ◽  
The Cost

Taxes as a source of state revenues are used as a source of funds for governments for national development and measuring instruments to regulate government policies. Taxation or tax review is a measure of all company transactions to calculate the amount of tax payable and predict potential taxes that may arise under applicable tax laws and regulations. This research was conducted at PT. KBIC which is engaged in cargo of Tax Year 2015. The purpose of this study is to determine the effect of the implementation of tax review of corporate income tax and value added tax. The method used in this research is descriptive comparative. Comparing the results of tax reporting by the company with the calculation of Corporate Income Tax and Value Added Tax at PT. KBIC tax year 2015 from the researcher in accordance with the applicable tax provisions in Indonesia. Based on the results of the research, the tax review of the Corporate Income Tax has found differences in the fiscal reconciliation report on the Office of Travel and Phone Charge accounts. Taxpayers make 100% corrections of the cost of mobile phones. It should be corrected cost of 50% of the cost should be. On the company's travel account, the company can not show the official report or notes in the assignment explaining the subject or purpose of the Overseas official's travel related to the company's principal activity that causes the difference of tax correction between the taxpayer and the researcher. Tax review conducted on Value Added Tax, the taxpayer has reported the fiscal reconciliation report correctly and there is no mistake.

scholarly journals ANALISIS PERHITUNGAN PENCATATAN DAN PELAPORAN PAJAK PERTAMBAHAN NILAI ATAS EKSPEDISI ANTAR PULAU PADA PT. TAJUR JAKARTA

2014 ◽  
Vol 8 (3) ◽  
Author(s):  
Priscilia Joanna Rundengan ◽  
Jantje Tinangon ◽  
Inggriani Elim
Keyword(s):  
Case Studies ◽  
Descriptive Analysis ◽  
Value Added ◽  
Value Added Tax ◽  
Rate Of Development ◽  
Tax Laws ◽  
Dominant State ◽  
The Law ◽  
Tax Reporting

Value-added tax represent the source of revenue for very dominant state,to fulfill requirement of people. Company  as a taxpayer have to carry out their tax liability in accordance with the provisions of the tax laws are dynamic and constantly changing according to the rate of development of country’s economics. PT. Tajur Jakarta was established in 1967 which is located in Jl. Jati Baru No. 83 where the main activities of company is a shipping that uses trucking services, and that companies that count, reecord, and report Value Added Tax on the consumers of services on goods subject to Value Added Tax.The method in this research is using descriptive analysis which is describe the case studies and literature. Case studies conducted in PT TAJUR Jakarta while literature conducted by collecting data from the literature relevant to the Value-added tax. Pursuant to result of obtained research from the study,the company calculating, recording and reporting properly and in accordance with the Law No. 42 of 2009,using the rate of 10% for each taxable service / goods taxable, and also the results obtained also that the company has to deposit and tax reporting using e-SPT return and paid through the bank by the 15th of each month after the end of the tax period in accordance with law No. 42 of 2009 on Value Added Tax.

scholarly journals IPTEKS SPT MASA PAJAK PERTAMBAHAN NILAI (PPN) PADA PT CIPUTRA INTERNASIONAL CABANG MANADO

2018 ◽  
Vol 2 (02) ◽  
Author(s):  
Arisna J. Mantiaha ◽  
Syermi Mintalangi
Keyword(s):  
Value Added ◽  
Director General ◽  
Value Added Tax ◽  
The People ◽  
The Government ◽  
Tax Reporting ◽  
Is Value ◽  
Tax Regulation

Tax is a contribution from the people to the country. Every taxable entrepreneurs report tax reports to the government. One of them is Value Added Tax (VAT). PT Ciputra Internasional Manado report it’s Periodic Tax Return of VAT using e-Invoice provided by the Director General Tax. E-Invoice own application used by taxable entrepreneur in carrying out tax obligation. This study wants to provide knowledge in the application of e-Invoice to reporting VAT’s periodic tax return. Result of this research showed that PT Ciputra Internasional Manado in reporting Periodic Tax Return of VAT compliance with UU No.42 of 2009, Director General of Tax Regulation No. PER-31/PJ/2017, and Director General of Tax Regulation No.  PER-01/PJ/2017.Keywords : Value Added Tax, Reporting, E-Invoice

VALUE ADDED TAX IN THE EUROPEAN UNION

2021 ◽  
Vol 62 (01) ◽  
pp. 186-189
Author(s):  
Nigar Yadulla Shahgaldiyeva ◽  
Keyword(s):  
European Union ◽  
Key Words ◽  
Value Added ◽  
The European Union ◽  
Value Added Tax ◽  
Tax System ◽  
Manufactured Goods ◽  
The Difference

Value-added tax is an indirect tax based on the sale value of goods, production and non-manufactured goods as an object of taxation. According to the mechanism and procedures for the calculation and payment of value added tax, this tax is not directly imposed by a particular person, but applies to consumers in the process of return. In this case, the value added tax is neutral for securities. In addition, value added tax is universal and is characterized by the difference between purchases at each stage of production and turnover. In connection with the calculation of value added tax, the taxpayer's tax liability to the budget consists of the difference between the amount of tax assessed on taxable turnover and the amount of tax to be deducted in accordance with the documents. Key words: European Union, value Added Tax, tax, tax system

scholarly journals PECULIARITIES OF FINANCIAL AND TAX ACCOUNTING OF TRANSACTIONS ON DEBT CONVERSION

2016 ◽  
Vol 15 ◽  
pp. 312-321
Author(s):  
D. Yu. Poroshin ◽  
N. Yu. Semenova
Keyword(s):  
Income Tax ◽  
Value Added ◽  
Financial Accounting ◽  
Value Added Tax ◽  
Tax Legislation ◽  
Definition Of ◽  
Economic Studies ◽  
Tax Accounting

The article deals with peculiarities of conducting forensic economic studies connected with collecting income tax and value added tax as well as the order for recording debt conversion in financial accounting. It discusses methods that are used while conducting the studies, lists the relevant articles of normative acts that regulate the order of recording debt conversion transactions in financial accounting. It also considers a number ofpossible situations for debt conversion transactions, the order of recording them in financial accounting and tax consequences of these transactions. Having analyzed the requirements of the tax legislation, the article claims that debt conversion transactions constitute an object exempt of income tax and vale added tax because: such transactions cannot be classified as obtaining income and do not constitute trade in debt obligations; the transfer of credit debt of one debtor to another is still a liability and not a commodity (work or service); such transactions do not conform with any definition of transactions for the supply of goods, services or factoring.

scholarly journals FEATURES OF VAT IN THE BUDGET OF THE ORGANIZATION

2018 ◽  
Vol 64 ◽  
Author(s):  
M.V. Shcherbatova ◽  
I.V. Feofanova
Keyword(s):  
Value Added ◽  
Accounting System ◽  
Tax Credit ◽  
Value Added Tax ◽  
Tax System ◽  
Tax Legislation ◽  
Budgetary Institutions ◽  
Tax Accounting

The main aspects of value added tax accounting are investigated. Features of calculation of tax obligations and the tax credit in budgetary institutions are considered. The shortcomings of the tax system and problematic issues of VAT accounting are identified. It is proposed to reform the current tax legislation and the VAT accounting system of the budget institution.

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