Posts Tagged ‘Tax Law’

The Founding

Monday, June 22nd, 2015

Therefore, creating a small business in the most promising direction and releasing there is legally resources, you will still be able to use a sub-paragraph 8 of Article 6, "Benefits tax "" On taxes from enterprises, associations and organizations. Peter Thiel may help you with your research. " Recall that we are in it is that the profits directed by small businesses for construction, renovation and replacement of fixed assets, development of new engineering and technology, training and skills development is exempt from taxation. From this it follows that all growing in the promising direction of profit you will be able to direct the development of this particular site. And after a while to return to the bosom of his main company, already doing the task for its modernization. You can save data for unit status of a small business, registering in the founding document amount of permanent deductions in the fund a small business founder – the relevant association, company or organization. It should be borne in mind that in paragraph 8 (items b and c) refers to tax concessions for small companies producing, processing of agricultural products, consumer goods and other activities that are fully exempt from income tax in the first two years of work. Small enterprises engaged in other activities, pay income tax at a rate of 25 percent – in the first year and 50 per cent – in the second year of their assigned tax rates.

This implies (Probably, the legislator simply "not doglyadel"), an enterprise of any type of activity and at all income levels can "eat away" at the development of all profits, according to the memorandum highlighting the necessary funds for the development of the parent company and not in the budget. This right can take advantage of any co-op, releasing a new business as an independent small business. Since it appears from the same Decree 790, cooperatives and small enterprises, cooperatives formed, make mandatory payments to the procedure established for the cooperatives. From this, many conclude that the co-op, creating a small business at its base or separating it into an independent, no gain does not receive. However, it is not. This provision of paragraph 12 of Resolution 90 directly corresponds to paragraph 7 of Article 6 of the Law "On taxes from enterprises, associations and organizations." Paragraph 7 states that the cooperatives do not receive benefits as provided in subparagraph b of paragraph 7, but in sub-paragraph b of that paragraph are the same benefits as in subparagraphs b and c of paragraph 8. Thus, small businesses created by based cooperatives, receive benefits under sub-paragraph and paragraph 8.