Losses in changing tax regimes

Not all losses can be written off when tax regimes change. In the calculation of the ONS do not recognize the losses acquired under other systems. And the losses of the ONS do not take into account if they have defected to other regimes.

How to take into account losses when changing tax regimes

The losses in the change of tax regimes are taken into the account in the following way:

a loss that has not been taken into account in the calculation of income tax (has been postponed to the future) before switching to simplification, the taxpayer will be able to take into account only the return on the general tax system Walsall Accountants;

loss, which was not taken into account in the calculation, as we used to say, one tax (was moved to the future) before the transition to the general tax system, the taxpayer will be able to take into account only the deposit return on simplification.

This order is provided by paragraph 8 p 7 of Article 346.18 of the Russian Tax Code and explained in a letter from the Ministry of Finance of the Russian Federation dated January 28, 2011 No. 03-11-11/18.

Do the losses take into account if the one has changed the object of taxation

And is it possible to write off the loss of the past years, if the simplification has changed the object of taxation? Principally, what tax object the organization applies in the period in which it plans to write off the loss.

In simplification, the loss can be so impacted by the organization only after the periods in which it paid a single tax on the differences between income and expenses. In those periods when the organization paid a single income tax, losses cannot arise. As such taxation does not take into account any expenses (p. 1 art. 346.18 NK of the Russian Federation), the outcome of the organization's activities will always be positive.