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Month: August 2011

Russian Finance Ministry

Russian Finance Ministry

50 Civil Code). Therefore, according to Kumaritova Inala Palovicha if the accounting data on financial status of the organization is unprofitable, the tax authorities are obliged to calculate the net asset value and the presence of these bases to include the organization at risk for elimination by compulsion. What should I do? Mismatch value of net assets the requirements do not entail the automatic elimination of the legal person. The tax authority has yet to prove in court that he committed violations of society are essential and insurmountable. Thus, Section 2, Art. 61 Civil Code gives the court the right but not obligation to liquidate the legal person who allows a violation of the laws of their activities. So give specific advice received from Kumaritova Inala Palovicha So obtained free of charge public property is not recognized as his income for tax purposes, income tax only if: 1) If, within one year from the date of receipt of the said property (except for cash funds) is not transferred to third parties (paragraph 11 para 1, Art.

251 Tax Code), and 2) If the property is derived from: – the organization, if authorized (reserve) capital (fund) of the recipient of more than 50 percent consists of contributions (share) of the transmitting organization – the organization, if authorized (reserve) capital (fund) the transferor more than 50 percent consists of the contribution (share) of the recipient organization – from individual, if the (share) capital (fund) the receiving party by more than 50 percent consists of the contribution (share) of that person. Thus, it is obvious that it free product is not profitable, since in this case the goods have no input VAT and shall not implemented within one year. However, the variant grant received from the above person money to purchase goods, which is taken into account at cost, including VAT, and can be implemented at any time. As for the amount of value added tax, charges against the acquisition of goods (works, services) at the expense of funds received from the grant of the founder, including share whose charter capital is 50%, the deduction of tax shall be in accordance with the provisions of Art. Art. 171 and 172 of the Tax Code on the basis of: – invoices, vendors exhibited at the acquisition the taxpayer of goods (works, services, property rights) – the documents confirming actual payment of the amounts of tax for goods imported into the customs territory of the Russian Federation – the documents confirming payment of the amounts of tax withholding tax agents – other instruments in cases stipulated by subsections 3, 6 – 8 Art. 171 of the Tax Code, after the registration of goods (works, services, property rights) in the presence of the primary documents. An explanation, Russia's Finance Ministry submitted to the Letters from 06.06.2007 N 03-07-11/152, from 28.12.2006 N 03-03-04/4/194. Fairy Mom – Fashionable baby clothes

Finance Ministry

Finance Ministry

Russian authorities several years ago conceived the transition to a unified real estate tax, tied to its market value. It will replace the land tax and personal property tax. Under the new law a tax on real estate will be charged with a market value of the property. Why is this done? The cost of apartments and houses on the property market varies greatly when it comes to facilities in different parts of the city. Under the new tax owners Real Estate in the heart of Russian cities will pay more than they do now.

But the benefits of the tax may well get those who live far from the elite urban areas, because there the cost of housing will be significantly lower than in center. According to the draft Ministry of Finance, the base rate will be determined at the federal level, and preliminary data is 0.1% of property value. Assess the facilities will be employed by professional regions appraisers. According to officials, with the introduction of the new law the total tax burden should not rise. However, in the bill a lot of controversial issues. After the new tax should be paid specifically by each individual – the owner of any property. And here is irrelevant or old oligarch is collecting the funeral of his pension.

The basis of calculation of property tax that we pay today, founded the so-called inventory value of the property. The market price is significantly different. For example, the inventory value of the large two-bedroom apartments in Rostov-on-Don, may well amount to 1 million rubles, but the market for this price, you will not find an apartment. And it will cost at least 3 million rubles, or even more. Officials justify their actions by the fact that in many cities of Russia for a long time people with good incomes, have built houses for themselves, the cost of which amounts to tens or even hundreds of millions. That's something they'll have, say, to fork out. The most important thing – to replenish the treasury. But let's think about why interest because we have studied in school? If I personally now pay tax on property in the amount of 600-700 rubles, thanks to the new law, I have to pay much more. In Rostov-on-Don, the cost of 1 sq. km. m. of housing stock in the secondary is 57 thousand rubles. Consequently, with a meter I have to pay 57 rubles. We multiply the meter … but suddenly the price of housing in my area grow? At that price, which is now kept in quadrature in the Khrushchev, thanks to the new law, I'll pay 2,000 rubles, and I think that this is not the limit. In Currently, many who own property, pay the personal property tax. The calculus of this tax is regulated by a large number of regulations. But, as noted by lawyers, often these acts conflict with the Internal Revenue Code. In my opinion, in our country, property taxes should not be administered without differentiation of the income. Because there will be some people who simply can not contain it. It would be nice also enter the record for which the person owns one or another of the property. It is also necessary to take into account the social composition of households. Otherwise, the consequences of introducing such a charge can be unpredictable. So far, only one consolation, that fully intend to take the bill at the end of 2012, and put it into practice only in 2013. Maxim Chuev.

Finance Institute

Finance Institute

Leadership needed a program that will reduce labor costs for maintenance of personnel records under the new pay system. As a result, it was decided to implement a solution with '1: Salary and Personnel Administration 8 'as the product most suited for automation of personnel records of the university planning and staffing. The project was entrusted to the company '1 C: Accounting and Trade '(ICE), as she has experience in the automation of work in schools since 1999 and works with leading universities in Russia. Automate the following tasks: Personnel records; Planning for compensation fund labor; Plan staffing. The project was completed within 6 months, in a system of planned and staffed personnel departments.

The company's specialists have been trained by ICE to users more quickly development program. The results of automation: Employees can monitor timely flow of funds to pay through the introduction of management subsystem calculations with the staff. Prior to the automation of these operations performed manually, which was time consuming and often resulted in errors. Several times during the formation of reduced staffing and human resource reports (number of employees with advanced degrees professional qualifications of the group) for the Ministry of Education and leadership through the introduction of sub registration of personnel and staffing analysis. This mechanism of the personnel department employees on time submit reports on the personnel of. You can automatically plan the required number of staff to the university at the expense of the subsystem planning staffing needs. The university is Two sources of financing: budget funds and revenues from business activities of the university to consider when hiring a new employee. Each employee can only receive a salary of budget, only funds from the business or part of each fund.

Before collecting the information by hand and took a few days now – in minutes. In the period declined 2 times Planning payroll staff on the new system and source of funding with help of reflection payroll. Previously been performed in a spreadsheet, and held for several days, now only enough a few hours on planning, taking into account the salary fund vocational qualification group and skill levels. Zhitnik Elena E., Head of Economics and Finance Institute of Architecture, said: "We satisfied with the results of the project and the staff of '1 C: Accounting and Trade '(ICE). As a result of the decision '1 C: Payroll and Human Resource Management 8 'has become possible to consider the source of funding (budget funds and revenues from business activities of the university) when calculating payroll. We have managed several times to reduce the time reporting on the personnel of the Ministry for Education and Science. "