Can the input tax on donated goods be deducted? How to deal with the accounts?

Can be deducted and included in non-operating income.

Ordinary taxpayers give goods to others free of charge. If the payee is a general taxpayer, a special invoice can be issued according to the requirements of the payee according to the Notice of State Taxation Administration of The People's Republic of China, People's Republic of China (PRC) on Several Issues Concerning the Collection of Value-added Tax (Guo Shui Fa [1994] 122). If the donated goods meet the requirements, the input tax can be deducted with the special VAT invoice obtained.

Before June 5438+0, 2008, when an enterprise accepts donated assets, it shall recognize the recorded value determined in accordance with the provisions of the tax law as donation income, incorporate it into the taxable income of the current period, and calculate and pay enterprise income tax.

Extended data:

situation

1. The enterprise accepts a batch of raw materials donated by the legal entity and receives a special VAT invoice. The invoice record excludes the tax price of 30,000 yuan and the value-added tax of 5 100 yuan. Raw materials have been put into storage:

Borrow: 30,000 yuan for raw materials

Taxes payable-VAT payable (input tax) 5 100

Loan: non-operating income 35 100.

2, accept the donation of raw materials into goods after accounting treatment, should be regarded as sales, accounting entries are:

Borrow: non-operating expenses

Loan: income from main business

Taxes payable-VAT payable (output tax)

Carry forward the cost of sales at the same time

Debit: main business cost

Loans: Goods in stock

References:

Baidu encyclopedia-accepting donations