Whether the entrepreneur receives
Renovations or other purchases using the money paid, which will then be included in the tax deductible costs of PKPiR. Compensation received for damage to motor vehicles Compensation received in connection with damage to motor vehicles that are included in the company's fixed assets register will also constitute taxable income. This does not apply to cars used under an operational leasing agreement or privately. It also does not mattersuch compensation directly from.The insurance company to his bank account or whether it will be transferred to the account of the company that repairs philippines photo editor the car. In both cases, the entrepreneur must show such compensation in other income from non-agricultural business activities. It also does not matter whether the vehicle had voluntary comprehensive insurance or not, if, for example, the loss will be covered by other comprehensive insurance. Additionally , it should be remembered that if cars are not covered by voluntary insurance AC.
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The repair renovation costs will not be included in the tax deductible costs. Summary People who run a business should remember that any property gain related to their business activity is most often subject to taxation. The regulations list cases in which you can benefit from income tax exemption, there are no other exclusions. In the context of the subject of compensation received in connection with running a business, the legislator does not leave us much freedom.
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