What is a tax patent. Explained in simple words
What is a tax patent. Explained in simple words

What is a tax patent. Explained in simple words


Nuances

- Only an individual entrepreneur can purchase a patent - there are no patents for legal entities.

- Individual entrepreneurs must have no more than 15 employees and annual income not exceeding 60 mln rubles.

- There is no need to keep accounting, prepare and submit financial statements - only income book is required to confirm compliance with the limit on the amount of income. However, IEs with employees need to submit reports on insurance premiums and personal income tax on income of employees.

- Insurance premiums must be paid as usual.


The patent is only valid in the region in which it is received. If you move, you have to get a new one. In each region, the authorities themselves determine the types of business for which the patent is issued. To find out more, on the website of the Federal Tax Service, select the region of interest and the section "Patent system of taxation" will present the regional law on the PTC with all the changes.

- There is a tentative list of activities falling under the PSN in the Tax Code.

- For some types of activities it is impossible to get a patent - their list is also in the Tax Code, and it is supplemented.

- An individual entrepreneur with employees reduces the cost of the patent by the insurance premiums paid for himself and for employees, but by no more than 50%. An individual entrepreneur without employees can reduce the patent by the full amount of insurance contributions paid for him/herself. The application to reduce the cost of the patent must be submitted to the Federal Tax Service.

- Property tax for real estate used in activities under a patent must be paid only at cadastral value. This refers to administrative and business and shopping centers, offices and other premises which are included in the special list in accordance with clause 7 of Article 378.2 of the Tax Code.


Fact:

The patent system of taxation has been in effect in Russia since January 1, 2013.


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Yulia Pavlova Yulia Pavlova

Yulia Pavlova

Major specialisations

Construction, FMCG

Chief Tax Consultant

Biography