Masterclass on "Profit Tax and VAT" Course Topics:
Profit Tax

• Topic 1: Specifics of calculating profit tax prepayments
• Topic 2: Characteristics of calculating depreciation on fixed assets and intangible assets
• Topic 3: Characteristics of determining whether expenses on fixed assets and intangible assets should be classified as capital or operating expenses
• Topic 4: Specifics of reducing expenses from gross income for determining the tax base of profit tax
• Topic 5: Accounting specifics for gratuitously received and provided assets for calculating profit tax
• Topic 6: Specifics of transactions involving the sale, lease, sublease, or gratuitous use of buildings, constructions, residential or other premises
• Topic 7: Accounting for income related to the sale of light passenger cars imported for resale or non-resale purposes
• Topic 8: Reductions from gross income for losses, documentation rules, and specifics
• Topic 9: Procedure for completing tax calculations
• Topic 10: Recent legislative changes regarding profit tax Questions and Answers

VAT

• Topic 1: Registration of VAT payers
• Topic 2: VAT taxable objects
• Topic 3: Specifics of the VAT tax base
• Topic 4: VAT-exempt transactions and transactions taxed at a zero rate
• Topic 5: VAT payers as tax agents and their obligations for VAT calculation and payment
• Topic 6: Specifics of VAT offsets (reductions)
• Topic 7: Limitations for performing VAT offsets (reductions)
• Topic 8: Revisions of VAT offsets (reductions)
• Topic 9: Calculation of VAT compensation from the state budget
• Topic 10: VAT payment deadline extensions
• Topic 11: Recent legislative changes regarding VAT We will also cover the procedure for filling out VAT calculations and have a Q&A session.

Schedule: June 10, 11, 14, and 17, from 18:30 to 20:30 To participate, please call: (099) 52 24 90, (095) 52 24 90, (011) 60 22 22, students.armaa@gmail.com