How to deduct the input tax on intangible assets
Answer: The input tax on purchased intangible assets can be deducted by using the special invoice obtained to deduct the input tax. Intangible assets mainly include patents, non-profit Patented technology, trademark rights, copyrights, land use rights and franchises, etc.
Amortization of intangible assets:
The amortized amount of intangible assets is its cost minus the estimated residual value The amount after that. For intangible assets that have made impairment provisions, the cumulative amount of intangible asset impairment provisions that have been made should also be deducted. The residual value of intangible assets with limited service life should be regarded as zero, except for the following circumstances:
(1) There is a third party’s commitment to purchase the intangible asset at the end of its useful life;
(2) The estimated residual value information can be obtained based on the active market, and the market is in the intangible market It is likely that the asset will exist at the end of its useful life.
An enterprise's amortization of intangible assets shall start from the time when the intangible assets are available for use until the time when they are no longer recognized as intangible assets.
Enterprises The amortization method selected for intangible assets should reflect the expected realization method of the economic benefits related to the intangible asset. If the expected realization method cannot be reliably determined, the straight-line method should be used for amortization.
Amortization of intangible assets The amortization amount should generally be included in the current profits and losses (administrative expenses, other business costs, etc.). If the economic benefits contained in an intangible asset are realized through the products or other assets produced, the amortization amount should be included in the cost of the related assets.
Enterprises should at least review the service life and amortization method of intangible assets with limited service life at the end of each year. If the service life and amortization method of intangible assets are different from previous estimates, the amortization method should be changed. The write-off period and amortization method.
Enterprises should review the useful life of intangible assets with uncertain useful lives in each accounting period. If there is evidence that the useful life of intangible assets is limited, it should estimate Its service life shall be treated in accordance with the relevant provisions of intangible assets with limited service life.
Enterprises shall conduct impairment tests on intangible assets with indefinite service life every year. If impairment is found, impairment provisions shall be made .
Do you understand how to deduct the input tax on intangible assets? In addition, the editor has also sorted out the amortization of intangible assets for you. Although this problem is not difficult, there are many Do you understand where students tend to make mistakes? If you still have questions, please contact the window gold medal teacher. Our teachers will answer your questions throughout the day.