What trademark registration brings

Joita9865

Remove it from the register of fixed assets, prepare a liquidation report or an LT document liquidation of a fixed asset indicating the withdrawal of funds for the taxpayer's personal purposes, prepare a document constituting the basis for reporting VAT in the VAT sales register in the event of the obligation to pay VAT , prepare a transfer report of the fixed asset. The subsequent sale of a withdrawn phone for private purposes is not subject to VAT because the transaction already concerns private property. It is also not registered at the cash register.

However, it is not recommended to sell it on a private basis shortly after transferring the philippines photo editor phone from company assets, as this may raise doubts of the tax office regarding avoiding the mandatory use of a cash register for the supply of telecommunications equipment. Important! Sale of goods to persons not conducting business activity, listed in par. of the Regulation on exemptions from cash registers is subject to registration at the cash register from the first transaction.



In the opinion of the National Tax Information, the withdrawal of goods to private property under the above-mentioned provisions, from which the entrepreneur has deducted or had the right to deduct VAT, is treated on an equal footing with sales and should also be recorded at the cash register. It is advisable that, for example, when withdrawing a functional mobile phone from the company from which VAT has been deducted, such withdrawal should be documented with a receipt. If you do not have a cash register, you should purchase it before withdrawing the goods to private property in order to be able to fulfill the indicated obligation. Selling your phone after closing your business.