If the organization, applying the STS (Simplified taxation system) “Income-expenses”, incurs losses, does it pay the single tax according to the STS?
Those who follow the STS and apply the taxation object “income minus expenses” are obliged to pay the tax always in contrast to taxpayer applying general taxation regime and incurring losses. Thus, according to cl.6 of art.346.18 of the Tax Code of the Russian Federation taxpayer, applying as the taxation object the income that was decreased by the amount of expenses pays minimal tax at the rate of 1 % of income. Such a tax is to be paid if the amount of generally estimated tax is less than the amount of minimal estimated tax during the taxation period.
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