Post by account_disabled on Dec 4, 2023 22:36:27 GMT -6
If it is made within five years from the end of the calendar year in which the acquisition took place. In turn, in accordance with the provisions of Art. section point of the Personal Income Tax Act, the general rule does not apply to the paid disposal of assets used for the purposes of business activity, even.
If they were withdrawn from business activity before the disposal, and between the first day of the month following the month in which the assets were withdrawn from activities, and six years have not elapsed on the date of their sale for photo editing servies consideration. Income from business activity is revenue from the paid sale of assets that are fixed assets or intangible assets,of fixed assets and intangible assets [cf. art. section point of the Personal Income Tax Act.
This means that revenues from business activities include: revenues from the paid sale of assets used for business purposes; revenues obtained from their paid sale after withdrawal from business. IMPORTANT withdrawal and transfer of real estate from the company for the entrepreneur's personal needs does not result in any tax consequences. Transferring real estate to the private estate of an entrepreneur as a taxpayer will not generate income under the Personal Income Tax Act.
If they were withdrawn from business activity before the disposal, and between the first day of the month following the month in which the assets were withdrawn from activities, and six years have not elapsed on the date of their sale for photo editing servies consideration. Income from business activity is revenue from the paid sale of assets that are fixed assets or intangible assets,of fixed assets and intangible assets [cf. art. section point of the Personal Income Tax Act.
This means that revenues from business activities include: revenues from the paid sale of assets used for business purposes; revenues obtained from their paid sale after withdrawal from business. IMPORTANT withdrawal and transfer of real estate from the company for the entrepreneur's personal needs does not result in any tax consequences. Transferring real estate to the private estate of an entrepreneur as a taxpayer will not generate income under the Personal Income Tax Act.
