Sales of fixed assets used for business

Revenues from economic activity are also revenues from the sale shall be used for business-related, and in conducting special branches of agricultural production of fixed assets and intangible assets including those assets.

Liquidation of business activity does not change the nature of these revenues. This means that revenues from the sale of the above assets will be taxed as a general rule, according to the tax scale, even if the taxpayer disposes of the liquidation business. Obtaining such income is likely to require payment of withholding tax which is the 20th day of the month for the previous month, or within the submission of annual accounts for the month of December. Most revenue from the sale of assets can be determined by subtracting the amount of income of the initial value of the asset, as shown in the records of fixed assets, and adding the sum of depreciation made. If you have sold the property containing the initial value in the range 1500 to 3500 PLN, and were not made from the depreciation, revenue for the whole of the proceeds of sale. In determining taxable income should be aware of the amount of loss suffered from a source of income in the tax year, you can reduce the income derived from this source in the next successive five tax years. The amount of reduction in any of those five years may not exceed 50% of the amount of loss. This will happen at the disposal of reward shall be used for business-related, and in conducting special branches of agricultural production: a residential building, its parts, or participate in such building, dwelling constituting a separate estate or interest in such premises, land or interest in land or rights perpetual use of land or interest in such legislation, the associated building or premises, cooperative ownership right to residential premises or participate in such law and the right to a detached house in a housing cooperative or participate in such law. If you paid for the disposal of one of the above. assets will take place after five years from the end of the calendar year in which the acquisition or construction, the amount received from the disposal will not be taxed. Provisions of this Act shall also apply to other assets, if the first day of the month following the month in which the assets were withdrawn from operations and paid on their sale have passed 6 years or more. This means that after a period of time, amounts received from the sale of these assets are not taxed.


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