Keywords: debit, credit, profit, loss.
To the Federal Law of Turkmenistan «On Taxes» to the gross income of the taxpayer according to: posted from products (works, services), others benefits from placements as well as placements income from external operations is included. Received from posted products (jobs, services). income — 46 «Delivery of products (works, services)" the balance is recorded in the account. Income from foreign Investment-Article 47 placement of funds and other outflows» and 48 «Disposal of foreign assets» in the balance sheet is taken.
Income from non-residential operations is recorded in the balance sheet 80 «Profit and loss». The accounts shown are active-passive accounts. With them Businesses make the following accounting entries: Debit «Cash», 51 «Account», 52 «Foreign Currency Account», 62 «Purchasers and Accountable with orders'; Credit 46 «Products (works, services) placement», No. 47 «Placement of fixed assets and others 48 «Allocation of foreign assets», 80 «Pros and Cons».
Except as otherwise provided by law
External earnings include:
– on debt obligations of any kind interest rates;
– commissions received from participation as a participant and other means;
– insurance and reinsurance contractual reserve compensation;
– for breach of contractual obligations funds received in the form of fines and other measures as well as compensation for loss and damage money received;
– to pay off previously written off debts loose coins;
– that copyright has been used or that fee, certificate, trade, goods or service mark, design or model; type, secret formula and (or) business logo or information relating to industrial, commercial or scientific practice fee for;
– before the account of the probable receipts on account of the reserve funds received from written-off debtors;
– the amount of debts written off from the account (taxes, of bad debt due to penalty payments, penalties (excluding amounts written off);
– on operations in foreign currency, as well as cash when their values and demands are increased or when foreign currency liabilities are discounted differences in respect;
– of previous years identified in the reporting year income;
– From the account according to the laws of Turkmenistanm of the tax period covered by the deduction unutilized reserve etc. resources of funds;
– when decommissioning fixed assets and of the materials obtained during the fragmentation and others property value;
– received for charitable purposes, suitable for the intended purpose unused resources (works, services) price;
– a commodity identified as a result of an audit the value of excess values;
– property rights other than those specified by law including gratuitous property (works, services). Property like this to add to your income Valuation (of works, services) is a real market based on their prices;
– other extra income. The following are not included in gross income:
– participants (partners, shareholders, members) capital contributions, shares (shares) from their initial cost of placement including surplus income;
– initial capital contribution by the participant funds and assets received within the framework of the contract;
– positive received when the price of securities changes difference
– budget funds, state fund funds, of free money (grants) and other resources at the expense of, within the framework of targeted funding funds received by the taxpayer and others property;
– conducted by the commissioner for the client property received on account of reimbursement of expenses. According to the specified assignment agreement or equivalent also applies to other agreements;
– on pension provision of corporate entities statutory and personal pension investment income directed to their accounts;
– funds and other assets received in the form of loans, as well as the funds received on account of their sailing and other property;
– overdrawn and not returned on time interest on tax refunds;
– maintaining non-profit organizations and their come for the purpose of carrying out its chartered business resources, including membership and philanthropy contributions, monetary gifts, inherited property;
– as collateral or security for obligations property received in liquidation;
– institutionalized by the developer or authorized agency funds and other property provided to the party;
– when a state-owned entity is created funds and other assets;
– if you perform the specified tasks (services obligation to do) is the legislation of Turkmenistan in a certain field of work, their do not perform special duties assigned to him state power and administration, executive local government and local self-government institutions from performing tasks (services income received from;
– budgetary organizations and non-business institutional parties by also state power and administration, executive local government and local self-government donation agreement by institutions property (works, services) received by or free of charge.
As a humanitarian and or (charitable) aid. In accordance with intergovernmental agreements, as well as state authority and decisions of governing bodies delivery of goods on the basis of performance and performance of services). Acquisition of these assets by the state (section delivery) is also not a sale of goods:
– state power and administration, local executive authorities and local self-government bodies state or public needs for solutions for or the value of the place, cultural values located in the destination country to be withdrawn from use property;
– as a result of forced acquisition, expropriation or transfer of ownership of the inherited property, as well as the owner of remaining property, or valuables, by the state receiving
Other corporate parties of the estate and as additions to the equity capital of company’s delivery does not constitute delivery of the goods.
Received from the sale of goods (works, services). for purposes of income determination, purchase, operations, price of services «About Taxes» of Turkmenistan. Income when goods (works, services) are provided for free such goods (works, services) by the taxpayer from normal, chargeable prices is determined by orientation.
References:
- Geldymuhamedova O. & others «Global energy supply and energy security» — study guide for higher education institutions. Ashgabat, 2018
- «The National Program for Socioeconomic Devel- opment of Turkmenistan in 2011–2030» — Ashgabat, 2010 5. Yearbook of the Statistics of Turkmenistan — Ashgabat, 2020
