But first - about the general submission of declarations
Deadlines for filing income tax returns in 2017
Deadlines for submitting income tax returns based on the results of reporting periods: as a general rule: 04/28/17, 07/28/17, 10/28/17 (will be moved to Monday 10/30/17). For those calculating monthly payments based on actual profits: the 28th day of the month following the reporting month. The deadline for submitting the declaration at the end of the year is 03.28.18.The Tax Code of the Russian Federation provides for a fine of 5% of the unpaid amount of tax payable on the basis of this declaration for each month from the date for its submission, but not more than 30% of the amount under the declaration and not less than 1,000 rubles ( Article 119 of the Tax Code of the Russian Federation). In addition, officials of the organization (director or chief accountant) for late submission of the declaration can be fined in the amount of 300 to 500 rubles (Article 15.5 of the Code of Administrative Offenses of the Russian Federation). Important! Tax authorities cannot suspend transactions on accounts for violation of the deadline for submitting a declaration based on the results of the reporting period (Decision of the Supreme Court dated March 27, 2017 No. 305-KG16-16245).
Who submits the income tax return for the first quarter of 2017 and where?
Organizations are required to submit declarations to the tax authorities at the end of each reporting and tax period:- at its location,
- at the location of separate divisions (each or the selected responsible one).
Failure to comply with the procedure for submitting a tax return entails a fine of 200 rubles (Article 119.1 of the Tax Code of the Russian Federation).
Income tax return form for the first quarter of 2017
The declaration form, as well as the electronic format of the declaration, were approved by order dated October 19, 2016 No. ММВ-7-3/572@.What changed in the income tax return in 2017
Main changes:1) there is no “MP” field on the title page;
2) lines have been added to reflect the trade tax, by the amount of which the taxpayer has the right to reduce the income tax paid to the budget of a constituent entity of the Russian Federation;
3) in Sheet 02 a new line 351 has appeared - “The difference between the amount of tax calculated at a tax rate of 20% and the amount of tax using reduced tax rates.” This line must be filled out by regional participants
4) the lists of codes have been clarified (place of submission of the declaration, types of taxpayers, types of income, etc.);
5) in Appendix No. 3 to Sheet 02 of the declaration, lines 110 and 130, which were previously used to reflect income and expenses associated with the implementation of claims after the due date, are excluded. Also excluded is line 203 of Appendix 2 to Sheet 02 of the declaration, the need for which has ceased since 2015. Since 2015, the loss from the assignment of rights of claim after the due date for payment under the assigned agreement has been taken into account in the income tax base in full at a time (clause 2 of Article 279 of the Tax Code of the Russian Federation)
6) line 041 of Appendix No. 2 to Sheet 02 of the declaration now reflects not only taxes included in the tax base for income tax, but also contributions;
7) the declaration is supplemented by Sheet 08 for the taxpayer to independently adjust the tax base if he uses prices in a transaction with a related party that do not correspond to market prices. At the same time, line 107 was excluded from Appendix 1 to Sheet 02 of the declaration;
8) Sheet 09 was added to reflect the profits of controlled companies.
Main changes in Chapter 25 of the Tax Code of the Russian Federation since 2017:
1. Since the beginning of 2017, organizations have contributed 3% to the federal budget, and 17% to the regional budget;
2. According to the new procedure, taxpayers have the right to write off past losses in an amount not exceeding 50% of the tax base of the current period. The time limit (10 years) is excluded from the Tax Code of the Russian Federation. Such rules apply to losses received at the end of 2007 and later;
Appendix 3 filled in if the corresponding operations were carried out in the current period (sale of depreciable property, assignment of claims before the due date of payment, etc.).
Appendix 4 must be completed if losses from previous tax periods are included in the calculation of the tax base.
Appendix 5 filled out by organizations that have separate divisions.
Appendix 6 to 6b are filled out for consolidated groups of taxpayers.
Sheet 04 used to reflect income received that is taxed at rates other than 20% (for example, accumulated coupon income on OFZ).
Sheet 05 filled out by taxpayers if they carry out transactions with derivatives that are not traded on the organized securities market (except for professional participants in the securities market).
Sheet 06 filled in by non-government
Sheet 07 intended for charitable institutions, non-profit organizations, enterprises that benefit from targeted funds.
Sheet 08 filled in if a symmetrical adjustment of the tax base for transactions with related parties is performed.
Sheet 09 used to calculate tax for foreign companies.
IN Appendix 1 For reference, unaccounted income is indicated, as well as a number of accountable expenses.
Appendix 2 filled out by tax agents calculating personal income tax on transactions with securities.
Who has the right not to pay monthly payments:
- organizations whose sales income over the previous four quarters did not exceed an average of 15 million rubles. for each quarter;
- budgetary institutions, autonomous institutions;
- foreign organizations operating in the Russian Federation through permanent
- non-profit organizations that do not have income from the sale of goods (works, services);
- participants of simple partnerships, investment partnerships in relation to the income they receive from participation in simple partnerships, investment partnerships;
- investors of production sharing agreements in terms of income received from the implementation of these agreements;
- under trust management agreements.
Algorithm for filling out the main declaration sheets:
1. Title page.
2. Appendixes to Sheet 02.
3. Sheet 02 is filled out based on the annexes to it.
4. Subsections of section 1 depending on the method of payment of tax advances.
An example of filling out an income tax return for the first quarter of 2017
Let's take the company "Nice" from the city of Yekaterinburg, which operates in the field of rental and leasing of passenger cars. Director - Lazurny Nikolay Dmitrievich.Based on the results of the first quarter of 2017, Nice LLC has the following indicators:
1. The company received additional income from the sale of services - 2,500,000 rubles.
2. In February, I sold a depreciable car for 850,000 rubles, the residual value of which was 700,000 rubles, as well as a depreciable van for 300,000 rubles. with a residual value of 350,000 rubles. The useful life of the van expires after 10 months. Thus, the company received a profit in the amount of 150,000 rubles, and a loss in the amount of 50,000 rubles, of which only 5,000 rubles can be taken into account in the 1st quarter. - for March [(50,000 / 10) * 1 = 5,000 rub.]
3. Let’s assume that Nice LLC in the first quarter of 2017 had only indirect costs associated with sales - 1,320,000 rubles.
4. The amount of accrued taxes and insurance premiums for the first quarter of 2017 amounted to 150,000 rubles.
5. Nice LLC calculates depreciation using the straight-line method. Depreciation for the first quarter of 2017 was accrued in the amount of RUB 580,000.
6. In addition, Nice LLC accrues expenses in the form of interest (for the first quarter of 2017 - 150,000 rubles). At the same time, Nice LLC pays monthly and quarterly advance payments. Based on the results of 9 months of 2016, the company calculated advance payments for the 1st quarter of 2017: to the Federal budget - 20,000 rubles, to the budget of a constituent entity of the Russian Federation - 80,000 rubles. Nice LLC will need to fill out:
1. Title page
2. Subsection 1.1
3. Subsection 1.2
Please note that if the amount of monthly advance payments calculated in lines 300 and 310 of Sheet 02 is not divided by exactly 3 months, then a larger amount can be deferred for payment until the last date (see page 240 of section 1.2 of the declaration).
Sheet 02 is filled out on the basis of Appendices 1, 2 and 3 to Sheet 02. Advance payments calculated based on the results of 9 months of 2016, paid in the 1st quarter of 2017, do not need to be recalculated due to changes in the distribution of tax across budgets.
5. Appendix 1 to Sheet 02
6. Appendix 2 to Sheet 02
In the first quarter, Nice LLC can only take into account 5,000 rubles. from losses incurred during the sale of depreciable property (clause 3 of Article 268 of the Tax Code of the Russian Federation). Income and expenses from the sale of depreciable property are reflected in Appendix 3.
Also in Appendix 3 the loss is calculated, which will be written off in the future as the end of the useful life approaches.
7. Appendix 3 to Sheet 02
How to avoid mistakes in 2017
In order to avoid mistakes when drawing up a declaration and to be prepared for the requirements, we advise you to pay attention to:1. Since 2017, tax rates have been changed: 3% to the Federal budget, 17% to the budget of a constituent entity of the Russian Federation. But there is no need to recalculate advance payments due during the 1st quarter of 2017 (calculated based on the results of 9 months of 2016).
2. You should especially carefully check the codes (reporting period, place of provision, etc.), tax authority number, TIN, KPP, KBK. Errors in these details can lead to incorrect reflection of accruals in the budget settlement card.
3. Revenue reflected in the income tax return should be compared with the amounts reflected in Sections 3 and 7 of the VAT return. Tax authorities compare these indicators when checking annual returns. Of course, the amount of revenue in the income tax return may be different than the figures in sections 3 and 7 of the VAT return. But the discrepancy must be explainable, for example, in the amount of non-operating income. Check yourself before submitting your income tax return for the first quarter.
4. In Appendix 3 to sheet 02, check whether the identity holds: page 030 - page 040 = page 050 - page 060.
5. If your declaration reflects transactions with losses (sale of property, securities, rights of claim), prepare in advance the explanations that you will give in response to the demands of the tax authority, which will certainly ask you to justify the losses.
6. Check the correctness of the reflection of direct and indirect expenses in the declaration and the compliance of the procedure for determining them with your accounting
Amendments to the Tax Code of the Russian Federation that came into effect in January have changed the usual procedure for calculating income tax, starting from the first reporting period of the current year.
Let us recall the main ones: a new differentiation of tax rates between the federal and regional budgets, a limitation on the carryover of losses from previous years, updated rules for the formation of a “doubtful” reserve, a reduction in the doubtful debt of a counterparty for a counter obligation to him and other innovations.
These adjustments bring both “pros” and “cons” to companies, and therefore will have an ambiguous impact on the calculation of “profitable” tax liabilities. Let's see this with examples.
Profit payments are credited to budgets at different rates
In 2017-2020, the differentiation of rates within 20% of the total tariff will be different:- 3% - to the federal budget;
- 17% goes to the budgets of the constituent entities of the Russian Federation.
Editor's note:
Moreover, the procedure for transferring monthly advance payments in the first quarter of 2017 is the same as in the fourth quarter of last year: 2% - to the federal budget and 18% - to the budget of the regions of the Russian Federation. After all, their recalculation in accordance with the new ratio of the federal and regional tax shares of the Tax Code of the Russian Federation is not provided. The controllers also agree with this state of affairs. The Ministry of Finance and the Federal Tax Service spoke on this matter back in 2009 in connection with the reduction in the “profitable” rate from 24% to 20% (letter from the Ministry of Finance dated March 26, 2009 No. 03-03-06/2/63, Federal Tax Service dated January 19, 2009 N ShS -22-3/33@).
Advance payments based on the results of the first quarter must be calculated at the new rates; when they are paid, the monthly advances transferred to the budget will be counted.
Example 1.
For three months of the first quarter of the current year, the Company transferred monthly advance payments to the budget in the total amount of 100,000 rubles, including:
- 10,000 rubles - to the federal budget (2%);
- 90,000 rubles - to the regional budget (18%).
Advance payments calculated based on the results of the first reporting period are equal to 102,000 rubles (510,000 rubles x 20%), including:
- 15,300 rubles - to the federal budget (3%);
- 86,700 rubles - to the regional budget (17%).
The amount of the resulting overpayment can be offset against upcoming income tax payments after the appropriate application has been submitted and a positive decision has been received from the Federal Tax Service (Article 78 of the Tax Code of the Russian Federation).
Let us remind you that companies paying advances based on actual profits will calculate the tax for January-March 2017 using the new rates.
The innovations will not affect the calculation of tax for 2016, since it is calculated at previously existing rates.
The rules for accounting for last year's losses have changed
From 01/01/2017 to 31/12/2020, a new procedure will apply to reducing the tax base for losses of previous years:- a restriction on such adjustments has been introduced: the base can be reduced by no more than 50% (the rule does not apply to tax bases to which certain reduced tax rates apply);
- At the same time, the limit on the period of transfer has been removed (previously, losses could only be carried forward for 10 years).
Tax officials explained how the introduced transfer restriction can be reflected in separate lines of the “profitable” declaration (form approved by Order of the Federal Tax Service of the Russian Federation dated October 19, 2016 No. ММВ-7-3/572@):
1) 110 Sheet 02 and 010, 040 - 130, 150 of Appendix No. 4 thereto: in particular, the amount on line 150 (the amount of loss that reduces the base) cannot be more than 50% of the amount calculated on line 140 (tax base);
2) 080 Sheet 05 (the amount of loss that reduces the base for the reporting or tax period);
3) 460, 470, 500, 510 Sheet 06: the sum of lines 470 and 510 (the amount of recognized loss) must be less than or equal to 50% of the amount on lines 450 and 490 (tax base from investments);
4) in the balances of uncarried losses at the beginning of the tax period (lines 01, 040 - 130 of Appendix No. 4 to Sheet 02 and lines 460, 500 of Sheet 06), losses received starting from losses for 2007 can be taken into account.
In the tax return for the profit tax of a foreign organization (form approved by order of the Ministry of Taxes of the Russian Federation dated January 5, 2004 No. BG-3-23/1), losses that reduce the “profitable” base for the current period are shown on line F (code 300) of Section 5 also subject to the application of the new provisions.
Editor's note:
Let us remind you that according to the procedure for filling out a tax return, the calculation of the amount of loss that reduces the “profitable” base (Appendix No. 4 to Sheet 02) is included in the declaration for the 1st quarter and tax period.
Example 2.
Let's look at an example of how the tax obligations of a company paying only quarterly advance payments are formed before and after these changes.
If the old rules for transferring losses were applied in 2017, the company could reduce the entire tax base for the 1st quarter, saving 50,000 rubles.
In the next three reviews we will talk about innovations in creating a reserve for doubtful debts.
A “doubtful” reserve can be created for a larger amount than before
When creating a reserve for doubtful debts based on the results of the first quarter of 2017, organizations will begin to apply new rules:- at the end of the reporting period, the amount of the reserve cannot exceed the greater of: 10% of revenue (excluding VAT) for the previous tax period or 10% of revenue (excluding VAT) for the current reporting period:
- at the end of the tax period, the amount of the reserve is limited (as before) to 10% of the revenue (excluding VAT) for this period.
Came into force on November 30, 2016, with the exception of certain provisions
Editor's note:
the previous procedure was not profitable, since revenue for the first quarter, as a rule, is much less than the annual one. However, the rules allowed the formation of a reserve based on the results of the first quarter only within 10% of quarterly revenue. In this case, the difference between the calculated annual reserve and the formed quarterly reserve was taken into account in the income of the reporting period.
Example 3.
Let's look at the example of the advantages of the updated procedure for creating a “doubtful” reserve.
Doubtful debts forming a reserve are accepted in full, including VAT (Letter of the Ministry of Finance dated July 24, 2013 No. 03-03-06/1/29315).
The formed reserve amount (900 thousand rubles) is greater than the restrictive amounts (100 thousand rubles and 800 thousand rubles). Therefore, based on the results of the first quarter of 2017, a reserve for doubtful debts can be created in the maximum possible amount - 800 thousand rubles, limited to 10% of revenue for 2016.
Doubtful debt is reduced by counter obligation
Starting this year, not all receivables can be considered “doubtful”. If the company has a counter-obligation to the buyer who has not paid the debt, then a debt that exceeds its amount is considered a doubtful debt. That is, the amounts of “debtor” and “creditor” that can be repaid by offset cannot be included in the reserve.Previously, the Tax Code of the Russian Federation did not provide for such restrictions when forming “doubtful” debt.
Came into force on 01/01/2007
Editor's note:
Example 4.
For clarity, let’s use the data from Example 3. Let’s assume that as of March 31, 2017, the counterparty that has a debt of 900 thousand rubles has a counter obligation in the amount of 500 thousand rubles. Accordingly, the formed “doubtful” reserve is reduced by the specified amount and will amount to 400 thousand rubles (900 thousand rubles - 500 thousand rubles). Thus, the amount of the reserve calculated based on the results of the 1st quarter of 2017, taking into account the counter-obligation, will not exceed 400 thousand rubles.
The rules for adjusting “doubtful” reserves have been clarified
The previous procedure was stated in a confusing manner, but now there should be no ambiguous interpretation of the new provisions. They state: the amount of the reserve calculated as of the reporting date is compared with the balance of the reserve - the difference between the amount of the reserve calculated as of the previous reporting date and the amount of bad debts arising after the previous reporting date. If the first value is less than the second, then the difference is included in non-operating income; if it is greater, then the difference forms non-operating expenses.Editor's note:
Let's look at the calculation using an example.
Example 5.
For convenience, let’s take the data from Examples 3 and 4. The balance of the reserve for doubtful debts as of December 31, 2016 is 550 thousand rubles. In the first quarter, the amount of bad debts incurred amounted to 350 thousand rubles. The difference between the reserve balance as of December 31. 2016 and the resulting bad debts in the first quarter will amount to 200 thousand rubles (550 thousand rubles - 350 thousand rubles).
Moreover, the amount of the reserve as of March 31, 2017 (400 thousand rubles) is greater than the difference received (200 thousand rubles).
Accordingly, we will include this difference (200 thousand rubles) in the expenses of the first reporting period of 2017.
Scheme for adjusting “doubtful” reserves
The income tax return for the 1st quarter of 2019 is a report that will have to be submitted to all legal entities that calculate this tax quarterly, regardless of the frequency with which they pay advance payments. Let us consider the features of the design of this declaration.
Features of the composition of the income tax return for the 1st quarter
To prepare the income tax report for the 1st quarter this year, the form approved by order of the Federal Tax Service of Russia dated October 19, 2016 No. ММВ-7-3/572@ continues to be used.
The rules applied when filling out the declaration have not changed (they are given in the same order). From the set of these rules for the report for the 1st quarter, the following are important:
- the requirement that it contains the minimum required set of sheets required to be filled out (title sheet, subsection 1.1 of section 1, sheet 02 and appendices 1 and 2 thereto);
- permission not to include in the report those sheets for which there is no data to fill out;
- the existence of sheets required to be included in the report for this period, if there is data that will be reflected in them (this is subsection 1.2 of section 1, filled out for monthly paid advances, appendix 4 to sheet 02, intended to reflect losses of previous years, and appendix 5 to sheet 02, containing data on separate structures);
- the presence of sheets that are not included in the 1st quarter report, even if there is data that will be reflected in them (these are sheets 07, 08, 09, filled out only in the annual report).
If the declaration contains completed Appendix 5 to Sheet 02 (for separate structures), then in order to submit at the place of registration of each of these structures you will have to additionally create a simplified declaration made up of the title page, subsections 1.1 and 1.2 (if there are monthly advance payments ) and appendix 5 to sheet 02.
How are advance payments reflected in the income statement for the 1st quarter?
Let us remind you that you can calculate advances based on profit:
- monthly from the actual profit - the declaration generated in this case will also be created monthly and linked to the period determined by the number of months included in it (clause 2 of Article 285 of the Tax Code of the Russian Federation), i.e. the definition of “declaration for the 1st quarter” when such an algorithm for calculating advances turns out to be inapplicable;
- quarterly, paying them either one-time at the end of the quarter (taxpayers with an average quarterly income of every four previous quarters not exceeding 15 million rubles have the right to do this), or monthly.
Entering data on advance payments into the declaration generated quarterly is not difficult in the first payment option. They, as with monthly calculated advances, are accrued upon the fact that for the 1st quarter it will be equivalent to the tax accrued on the profit received for this quarter. In the report for the next period, their amount will adjust the tax accrued on the profit for the half-year to determine the amount that corresponds to an additional payment before the tax accrued for the half-year, or a refund from the budget as overpaid.
The most complex option is the one with the tax calculated quarterly, but with a monthly fee. And advance payments reflected in the income tax report for the 1st quarter require special reservations. For them, sheet 02 contains 3 groups of lines:
- 210-230, intended for advances calculated in previous periods for payment in the reporting period. In the report for the 1st quarter, this will include the values shown on lines 320-340 of the declaration drawn up for the 3rd quarter of the previous year.
- 290-310, allocated for entering into them the amounts of advances calculated in the reporting period for payment in the quarter following the reporting period. In the report for the 1st quarter, the values included in them will coincide with the data in lines 180-200.
- 320-340, where it is necessary to show advances accrued for payment in the 1st quarter of the year following the reporting year. These lines are never used in the report for the 1st quarter, since they are intended to be filled out only in the declaration for 9 months.
What you need to remember when preparing your income tax report for the 1st quarter of 2019
When creating profit reporting for the 1st quarter of the current year, you need to keep in mind that in 2019 the special values established for the period 2017-2020 continue to apply:
- the amount of that share (50%) by which it is allowed to reduce the profit of the reporting period due to losses generated in previous years (clause 2.1 of Article 283 of the Tax Code of the Russian Federation);
- tax rates (3% and 17%) used to calculate the amount of payments to the federal and regional budgets (clause 1 of article 284 of the Tax Code of the Russian Federation).
In addition, from 2018 in Ch. 25 of the Tax Code of the Russian Federation has introduced a number of innovations that may affect the amount of income tax for a particular taxpayer:
- the rules for determining the amount of doubtful debt have been clarified, which, in turn, is reflected in the amount of the reserve created for these debts (clause 1 of Article 266 of the Tax Code of the Russian Federation);
- the rules for accounting for losses incurred by controlled foreign companies have been adjusted (clauses 7, 8 of Article 309.1 of the Tax Code of the Russian Federation);
- the possibility of applying a new (investment) deduction to the amount of accrued tax has been introduced (Article 286.1 of the Tax Code of the Russian Federation).
Results
Profit reporting prepared for the 1st quarter of 2019 is prepared on the same form and according to the same rules that were in force for this document in 2018. However, the same rules establish a number of features for the report generated for the 1st quarter that distinguish it from reports for other periods of the year. The process of reflecting in the report advances accrued quarterly, but with monthly payment, deserves special attention.
Let us dwell on the main points using the example of filling out a declaration for Nice LLC from sunny Yekaterinburg. But first, let’s talk about general issues of filing income tax returns.
Deadlines for filing income tax returns in 2017
Deadlines for submitting income tax returns based on the results of reporting periods: as a general rule: 04/28/17, 07/28/17, 10/28/17 (will be moved to Monday 10/30/17). For taxpayers who calculate monthly payments based on actual profits: the 28th day of the month following the reporting month. The deadline for submitting the declaration at the end of the year is 03.28.18.The Tax Code of the Russian Federation provides for a fine of 5% of the unpaid amount of tax payable on the basis of this declaration for each month from the date established for its submission, but not more than 30% of the amount under the declaration and not less than 1,000 rubles (Article 119 of the Tax Code of the Russian Federation). In addition, officials of the organization (director or chief accountant) for late submission of the declaration can be fined in the amount of 300 to 500 rubles (Article 15.5 of the Code of Administrative Offenses of the Russian Federation). Important! Tax authorities cannot suspend transactions on accounts for violation of the deadline for submitting a declaration based on the results of the reporting period (Decision of the Supreme Court dated March 27, 2017 No. 305-KG16-16245).
Who submits the income tax return for the first quarter of 2017 and where?
Organizations are required to submit declarations to the tax authorities at the end of each reporting and tax period:- at its location,
- at the location of separate divisions (each or the selected responsible one).
Failure to comply with the procedure for submitting a tax return in electronic form entails a fine of 200 rubles (Article 119.1 of the Tax Code of the Russian Federation).
Income tax return form for the first quarter of 2017
The declaration form, as well as the electronic format of the declaration, were approved by order of the Federal Tax Service of Russia dated October 19, 2016 No. ММВ-7-3/572@.What changed in the income tax return in 2017
Main changes:1) there is no “MP” field on the title page;
2) lines have been added to reflect the trade tax, by the amount of which the taxpayer has the right to reduce the income tax paid to the budget of a constituent entity of the Russian Federation;
3) in Sheet 02, a new line 351 has appeared - “The difference between the amount of tax calculated at a tax rate of 20% and the amount of tax calculated using reduced tax rates.” This line must be filled out by participants in regional investment projects;
4) the lists of codes have been clarified (place of submission of the declaration, types of taxpayers, types of income, etc.);
5) in Appendix No. 3 to Sheet 02 of the declaration, lines 110 and 130, which were previously used to reflect income and expenses associated with the implementation of claims after the due date, are excluded. Also excluded is line 203 of Appendix 2 to Sheet 02 of the declaration, the need for which has ceased since 2015. Since 2015, the loss from the assignment of rights of claim after the due date for payment under the assigned agreement has been taken into account in the income tax base in full at a time (clause 2 of Article 279 of the Tax Code of the Russian Federation)
6) line 041 of Appendix No. 2 to Sheet 02 of the declaration now reflects not only taxes included in the tax base for income tax, but also insurance premiums;
7) the declaration is supplemented by Sheet 08 for the taxpayer to independently adjust the tax base if he uses prices in a transaction with a related party that do not correspond to market prices. At the same time, line 107 was excluded from Appendix 1 to Sheet 02 of the declaration;
8) Sheet 09 was added to reflect the profits of controlled foreign companies.
Main changes in Chapter 25 of the Tax Code of the Russian Federation since 2017:
1. Since the beginning of 2017, organizations have contributed 3% to the federal budget, and 17% to the regional budget;
2. According to the new procedure, taxpayers have the right to write off past losses in an amount not exceeding 50% of the tax base of the current period. The time limit (10 years) is excluded from the Tax Code of the Russian Federation. Such rules apply to losses received at the end of 2007 and later;
3. When calculating the reserve for doubtful debts, it is necessary to reduce the amount of doubtful debts by the amount of the counter debt to the counterparty. The maximum amount of the reserve at the end of the reporting period is now calculated as the maximum between two indicators:
10% of revenue for the previous tax period;
10% of revenue for the current reporting period.
How to fill out an income tax return for the first quarter of 2017
Sheets required to be completed by all taxpayers:- Title page;
- Subsection 1.1 indicating the amount of tax to be transferred;
- Sheet 02 containing tax calculation;
- Appendix 1 (decoding of income);
- Appendix 2 (expense breakdown).
Subsection 1.2 completed if the taxpayer makes monthly advance payments.
Subsection 1.3, Sheet 03 used if the organization is a tax agent for other legal entities.
Appendix 3 filled in if the corresponding operations were carried out in the current period (sale of depreciable property, assignment of claims before the due date of payment, etc.).
Appendix 4 must be completed if losses from previous tax periods are included in the calculation of the tax base.
Appendix 5 filled out by organizations that have separate divisions.
Appendix 6 to 6b are filled out for consolidated groups of taxpayers.
Sheet 04 used to reflect income received that is taxed at rates other than 20% (for example, accumulated coupon income on OFZ).
Sheet 05 filled out by taxpayers if they carry out transactions with securities, derivatives that are not traded on the organized securities market (except for professional participants in the securities market).
Sheet 06 filled in by non-state pension funds.
Sheet 07 intended for charitable institutions, non-profit organizations, enterprises that benefit from targeted funds.
Sheet 08 filled in if a symmetrical adjustment of the tax base for transactions with related parties is performed.
Sheet 09 used to calculate tax on controlled foreign companies.
IN Appendix 1 For reference, unaccounted income is indicated, as well as a number of accountable expenses.
Appendix 2 filled out by tax agents calculating personal income tax on transactions with securities.
Who has the right not to pay monthly payments:
- organizations whose sales income over the previous four quarters did not exceed an average of 15 million rubles. for each quarter;
- budgetary institutions, autonomous institutions;
- foreign organizations operating in the Russian Federation through a permanent representative office;
- non-profit organizations that do not have income from the sale of goods (works, services);
- participants of simple partnerships, investment partnerships in relation to the income they receive from participation in simple partnerships, investment partnerships;
- investors of production sharing agreements in terms of income received from the implementation of these agreements;
- beneficiaries under trust management agreements.
Algorithm for filling out the main declaration sheets:
1. Title page.
2. Appendixes to Sheet 02.
3. Sheet 02 is filled out based on the annexes to it.
4. Subsections of section 1 depending on the method of payment of tax advances.
An example of filling out an income tax return for the first quarter of 2017
Let's take the company "Nice" from the city of Yekaterinburg, which operates in the field of rental and leasing of passenger cars. Director - Lazurny Nikolay Dmitrievich.Based on the results of the first quarter of 2017, Nice LLC has the following indicators:
1. The company received additional income from the sale of services - 2,500,000 rubles.
2. In February, I sold a depreciable car for 850,000 rubles, the residual value of which was 700,000 rubles, as well as a depreciable van for 300,000 rubles. with a residual value of 350,000 rubles. The useful life of the van expires after 10 months. Thus, the company received a profit in the amount of 150,000 rubles, and a loss in the amount of 50,000 rubles, of which only 5,000 rubles can be taken into account in the 1st quarter. - for March [(50,000 / 10) * 1 = 5,000 rub.]
3. Let’s assume that Nice LLC in the first quarter of 2017 had only indirect costs associated with sales - 1,320,000 rubles.
4. The amount of accrued taxes and insurance premiums for the first quarter of 2017 amounted to 150,000 rubles.
5. Nice LLC calculates depreciation using the straight-line method. Depreciation for the first quarter of 2017 was accrued in the amount of RUB 580,000.
6. In addition, Nice LLC accrues expenses in the form of interest on the loan (for the first quarter of 2017 - 150,000 rubles). At the same time, Nice LLC pays monthly and quarterly advance payments. Based on the results of 9 months of 2016, the company calculated advance payments for the 1st quarter of 2017: to the Federal budget - 20,000 rubles, to the budget of a constituent entity of the Russian Federation - 80,000 rubles. Nice LLC will need to fill out:
1. Title page
2. Subsection 1.1 
3. Subsection 1.2 
Please note that if the amount of monthly advance payments calculated in lines 300 and 310 of Sheet 02 is not divided by exactly 3 months, then a larger amount can be deferred for payment until the last date (see page 240 of section 1.2 of the declaration).
4. Sheet 02 
Sheet 02 is filled out on the basis of Appendices 1, 2 and 3 to Sheet 02. Advance payments calculated based on the results of 9 months of 2016, paid in the 1st quarter of 2017, do not need to be recalculated due to changes in the distribution of tax across budgets. 
5. Appendix 1 to Sheet 02 
6. Appendix 2 to Sheet 02 
In the first quarter, Nice LLC can only take into account 5,000 rubles. from losses incurred during the sale of depreciable property (clause 3 of Article 268 of the Tax Code of the Russian Federation). Income and expenses from the sale of depreciable property are reflected in Appendix 3.
Also in Appendix 3 the loss is calculated, which will be written off in the future as the end of the useful life approaches.
7. Appendix 3 to Sheet 02 
How to avoid mistakes in 2017
In order to avoid mistakes when drawing up a declaration and to be prepared to respond to the requirements of the tax inspectorate, we advise you to pay attention to:1. Since 2017, tax rates have been changed: 3% to the Federal budget, 17% to the budget of a constituent entity of the Russian Federation. But there is no need to recalculate advance payments due during the 1st quarter of 2017 (calculated based on the results of 9 months of 2016).
2. You should especially carefully check the codes (reporting period, place of provision, etc.), tax authority number, TIN, KPP, KBK. Errors in these details can lead to incorrect reflection of accruals in the budget settlement card.
3. Revenue reflected in the income tax return should be compared with the amounts reflected in Sections 3 and 7 of the VAT return. Tax authorities compare these indicators when checking annual returns. Of course, the amount of revenue in the income tax return may be different than the figures in sections 3 and 7 of the VAT return. But the discrepancy must be explainable, for example, in the amount of non-operating income. Check yourself before submitting your income tax return for the first quarter.
4. In Appendix 3 to sheet 02, check whether the identity holds: page 030 - page 040 = page 050 - page 060.
5. If your declaration reflects transactions with losses (sale of property, securities, rights of claim), prepare in advance the explanations that you will give in response to the demands of the tax authority, which will certainly ask you to justify the losses.
6. Check the correctness of the reflection of direct and indirect expenses in the declaration and the compliance of the procedure for determining them with your accounting policies.
You will find the 2018 reporting calendar at.
Missing the deadline for submitting tax reports threatens not only a fine, but also blocking of bank accounts (clause 1, clause 3, article 76, clause 1, article 119 of the Tax Code of the Russian Federation).
Our calendar will help you not to miss the deadline for submitting certain reports to the Federal Tax Service and extra-budgetary funds.
Deadlines for submitting basic tax reporting in 2017
| Reporting type | Deadline for submission to the Federal Tax Service | |
|---|---|---|
| Income tax return (for quarterly reporting) | For 2016 | No later than March 28, 2017 |
| For the first quarter of 2017 | No later than 04/28/2017 | |
| For the first half of 2017 | No later than July 28, 2017 | |
| For 9 months of 2017 | No later than October 30, 2017 | |
| Income tax return (for monthly reporting) | For 2016 | No later than March 28, 2017 |
| For January 2017 | No later than 02/28/2017 | |
| For February 2017 | No later than March 28, 2017 | |
| For March 2017 | No later than 04/28/2017 | |
| For April 2017 | No later than May 29, 2017 | |
| For May 2017 | No later than June 28, 2017 | |
| For June 2017 | No later than July 28, 2017 | |
| For July 2017 | No later than 08/28/2017 | |
| For August 2017 | No later than September 28, 2017 | |
| For September 2017 | No later than October 30, 2017 | |
| For October 2017 | No later than November 28, 2017 | |
| For November 2017 | No later than December 28, 2017 | |
| VAT declaration | For the fourth quarter of 2016 | No later than 01/25/2017 |
| For the first quarter of 2017 | No later than 04/25/2017 | |
| For the second quarter of 2017 | No later than July 25, 2017 | |
| For the third quarter of 2017 | No later than October 25, 2017 | |
| Journal of received and issued invoices | For the fourth quarter of 2016 | No later than 01/20/2017 |
| For the first quarter of 2017 | No later than 04/20/2017 | |
| For the second quarter of 2017 | No later than July 20, 2017 | |
| For the third quarter of 2017 | No later than October 20, 2017 | |
| For 2016 (if it is impossible to withhold personal income tax from income) | No later than 03/01/2017 | |
| For 2016 (for all paid income) | No later than 04/03/2017 | |
| For 2016 | No later than 04/03/2017 | |
| For the first quarter of 2017 | No later than 05/02/2017 | |
| For the first half of 2017 | No later than July 31, 2017 | |
| For 9 months of 2017 | No later than October 31, 2017 | |
| Declaration on property tax of organizations | For 2016 | No later than March 30, 2017 |
| Calculation of advances for property tax of organizations (submitted if the law of the constituent entity of the Russian Federation establishes reporting periods) | For the first quarter of 2017 | No later than 05/02/2017 |
| For the first half of 2017 | No later than July 31, 2017 | |
| For 9 months of 2017 | No later than October 30, 2017 | |
| Tax declaration under the simplified tax system | For 2016 (represented by organizations) | No later than March 31, 2017 |
| For 2016 (represented by individual entrepreneurs) | No later than 05/02/2017 | |
| Declaration on UTII | For the fourth quarter of 2016 | No later than 01/20/2017 |
| For the first quarter of 2017 | No later than 04/20/2017 | |
| For the second quarter of 2017 | No later than July 20, 2017 | |
| For the third quarter of 2017 | No later than October 20, 2017 | |
| Declaration on Unified Agricultural Tax | For 2016 | No later than March 31, 2017 |
| Transport tax declaration (submitted only by organizations) | For 2016 | No later than 02/01/2017 |
| Land tax declaration (submitted only by organizations) | For 2016 | No later than 02/01/2017 |
| Single simplified declaration | For 2016 | No later than 01/20/2017 |
| For the first quarter of 2017 | No later than 04/20/2017 | |
| For the first half of 2017 | No later than July 20, 2017 | |
| For 9 months of 2017 | No later than October 20, 2017 | |
| Declaration in form 3-NDFL (submit only individual entrepreneurs) | For 2016 | No later than 05/02/2017 |
Deadlines for submitting reports on insurance premiums to the Federal Tax Service in 2017
Since 2017, insurance premiums (except for contributions for injuries) come under the control of the Federal Tax Service. Accordingly, for periods starting from 2017, it must be submitted to the Federal Tax Service (clauses 7, 10, Article 431 of the Tax Code of the Russian Federation).
Deadlines for submitting reports to the Pension Fund in 2017
Despite the fact that since 2017, insurance premiums have been administered by the Federal Tax Service, the calculation of RSV-1 based on the results of 2016 must be submitted to the Funds.
| Reporting type | For what period is it represented? | Deadline for submission to the Pension Fund |
|---|---|---|
| Calculation of RSV-1 Pension Fund on paper | For 2016 | No later than 02/15/2017 |
| Calculation of RSV-1 Pension Fund in electronic form | For 2016 | No later than 02/20/2017 |
| Information about insured persons in the Pension Fund () | For December 2016 | No later than January 16, 2017 |
| For January 2017 | No later than 02/15/2017 | |
| For February 2017 | No later than March 15, 2017 | |
| For March 2017 | No later than 04/17/2017 | |
| For April 2017 | No later than May 15, 1017 | |
| For May 2017 | No later than June 15, 2017 | |
| For June 2017 | No later than July 17, 2017 | |
| For July 2017 | No later than 08/15/2017 | |
| For August 2017 | No later than September 15, 2017 | |
| For September 2017 | No later than October 16, 2017 | |
| For October 2017 | No later than November 15, 2017 | |
| For November 2017 | No later than December 15, 2017 |
Deadlines for submitting reports to the Social Insurance Fund in 2017
In 2017, you need to submit to the FSS:
- 4-FSS based on the results of 2016 in the context of all contributions paid to this Fund (contributions in case of temporary disability and in connection with maternity, as well as contributions “for injuries”)
- 4-FSS (there will be a new form) for periods starting from 2017, in terms of contributions “for injuries”.
| Reporting type | For what period is it represented? | Deadline for submission to the FSS |
|---|---|---|
| Calculation of 4-FSS (in terms of all contributions paid to the FSS) on paper | For 2016 | No later than 01/20/2017 |
| Calculation of 4-FSS (in terms of all contributions paid to the FSS) in electronic form | For 2016 | No later than 01/25/2017 |
| Calculation of 4-FSS (in terms of contributions “for injuries”) on paper | For the first quarter of 2017 | No later than 04/20/2017 |
| For the first half of 2017 | No later than July 20, 2017 | |
| For 9 months of 2017 | No later than October 20, 2017 | |
| Calculation of 4-FSS (in terms of contributions “for injuries”) in electronic form | For the first quarter of 2017 | No later than 04/25/2017 |
| For the first half of 2017 | No later than July 25, 2017 | |
| For 9 months of 2017 | No later than October 25, 2017 | |
| Confirmation of the main type of activity in the Social Insurance Fund | For 2016 | No later than 04/17/2017 |
Deadlines for filing financial statements in 2017
Organizations (regardless of the applied taxation regime) must submit financial statements for 2016 to the Federal Tax Service and statistical authorities
Deadlines for submitting other reports to the Federal Tax Service in 2017
Deadlines for submitting declarations for taxes such as water tax, mineral extraction tax, etc. you will find in our.
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