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Post by account_disabled on Dec 6, 2023 2:34:03 GMT -5
Not every reimbursement of expenses will constitute tax revenue, this may refer to example situations: company A also purchased training services for company B, but did not include the expense in tax deductible costs in the part relating to company B. In such a case, the reimbursement of expenses from company B will not be recognized included in tax revenues, company X commissioned the translation of documents from company . The invoice was issued to company X, but it was not included in tax-deductible costs. Company Y transferred the funds for the service to the bank account of company The principle of not including refunded other expenses not included in philippines photo editor tax-deductible costs in tax revenues results directly from the PIT Act, Art. paragraph a . Please note that not all situations illustrating the issues discussed are described here, the examples are for illustrative purposes only. Each case requires an individual assessment and analysis, and sometimes additional consultation may be required, either with a tax advisor, or it may be necessary to apply for an individual tax interpretation. In fact, the issue of settling various types of funding, especially in the form of subsidies, is extremely difficult from the point of view of tax regulations. You can read more about this here. Summary In the case of a business activity.
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