Loss carry forward at the end of the reporting period
Loss carry forward at the end of the reporting period Let's turn to the Tax Code. It says: - losses of the past years reduce the tax base of the current tax period; - tax period is a calendar year or other period of time, after which the tax base is determined and tax is calculated; - the tax period consists of 1 or a pair of reporting periods; - The tax base of the current tax period corresponds to the tax base following the results of the reporting period, which is an integral part of the tax period. This line of reasoning was led by financiers, justifying the right of companies to transfer losses of past, to put it mildly, years based on the results of not only the tax period but also the reporting period (Letter of June 15, 2007 N 03-03-06 / 1/383). Please note: the tax base for the income of Accountants Walsall tax is determined from the beginning of the year on an accrual basis (clause 7 of article 274 of the Tax Code of the Russian Federation). Everyone knows ...