When an enterprise requests a write-off into liquidation, the tax authorities verify the accounts around the five dimensions of the assets, transactions, taxes and charges, invoices, and liquidation proceeds, with an emphasis on tracking the books of accounts for almost three years, the existence of significant anomalies may extend the years of verification, and the following is a full list of verification categories。
(i) physical and fixed asset accounts to verify whether inventory, raw materials, inventory goods are matched with physical inventory, and the balance on the books must provide complete proof of sale, obsolescence and distribution of shareholders; there is no free distribution to the shareholders, no reasonable explanation for the lack of stock, and the sales are considered to be supplemented by value added tax and enterprise income tax. Full verification of net book value of fixed assets, intangible assets, equipment, vehicles, plant, patents, software, etc., requires provision of disposal contracts, billing records; undisposed assets are credited to the liquidation tax. Ii. Focus verification of transactions (highest risk item)
1. Accounts receivable, other receivables
Long-held shareholders borrow without restitution at the end of the year and without operational use, 20 per cent of the tax is paid as a share; unrecoverable payments require the retention of information on collection and write-off of bad debts, which cannot be deducted prior to tax。
2. Accounts payable, other accounts payable
Unpaid arrears, shareholders ' advances, and exemption claims are included in the liquidation proceeds to pay corporate income tax; the issuance of clearance certificates for large long-outstanding amounts is suspended。
Iii. Vat verification for full-tax declarations and full-tax accounts: reconciliation of billing, unbilled income, crediting of earnings, retention of tax credits, verification of any under-income, under-entry; payment of all blank invoices and tax control equipment. Enterprise income tax: review of the calendar year's billing statements, separate liquidation income tax forms for the liquidation period to verify whether cost costs have been discounted and losses compensated for compliance. Individual income tax: salary, shareholder share, equity transfer tax, with emphasis on checking shareholder borrowing as a share of the tax. Small taxes: stamp duty, property tax, land use tax, verification of purchase and sale contracts, books, and full declaration of property land. Invoices, vouchers and funds flow verification check the receipt of invoices, issuance, cancellation, red-scrap records, cancellation of bills and obtaining of non-compliant invoices. Cross-matching of public accounts, private-household operations of legal persons with book revenues, verification of hidden income and in vitro revolving funds. The complete verification of the billing documents, the contract, the bill of lading, and the return documents will lead to the conclusion that the costs are not accurately increased. 5. Verification of the settlement of gains and losses and the distribution of surplus profits verify the undistributed profits, the accumulation of surpluses, the liquidation of surplus assets and the distribution of surplus assets to shareholders, and the payment of taxes on transfers of property in excess of investment costs. Fees for liquidation, remuneration of employees, compensation for social security, non-payment of taxes and contributions are paid first and foremost, and are kept in full and paid certificates. Vi. Self-censorship tips
Prioritize the liquidation of transactions, dispose of all assets and complete all types of tax clearance documents; summary write-offs are not unverified and the problem of concealment of accounts remains subject to retroactive liability。
#enterprise write-off clearing #
