(1) Losses from selling, transferring or selling off non-monetary assets at fair prices in normal business management activities;
(2) Normal loss of inventory;
(three) the loss of fixed assets that have reached or exceeded the service life and are normally scrapped and cleaned up;
(four) the loss of productive biological assets that have reached or exceeded their service life and died normally;
(5) Losses arising from buying and selling bonds, stocks, futures, funds and financial derivatives through various trading places and markets in accordance with the principle of fair market transactions;
Generally speaking, it is actually the loss of normal operating assets, which is caused by production behavior or normal market trading behavior.
For example, the production equipment is updated halfway, and the old equipment is sold at a price lower than the book value, resulting in losses. When operating an oil company, the inventory under normal management will also volatilize in a certain proportion. Enterprises are losing money by buying and selling stocks in the securities market.
Another kind of asset loss declaration is special declaration. Declaring the loss of assets caused by abnormal operation is divided into four categories:
(1) Loss of monetary assets.
Including loss of cash, loss of bank deposits and loss of receivables and prepayments.
(2) Loss of non-monetary assets.
Such losses include: damaged inventory, stolen fixed assets, etc.
(3) investment losses;
This kind of investment loss is included in the abnormal business loss, which is different from the normal business investment in that the investment is not made through the open trading market and the investment target is not quoted publicly. For example, various equity investments and debt investments between enterprises.
(4) others;
Asset loss report
Declare the loss of assets, fill in the final settlement form A 105090, and fill in the relevant contents according to the loss of assets.
A 105090 table
For the asset loss that belongs to the list declaration type, just fill in Form A 105090.
According to Announcement No.25 of State Taxation Administration of The People's Republic of China (20 1 1), three materials are required for settlement. First, the pre-tax deduction application report; Second, accounting vouchers; The third is the evidence of asset loss.
The format of the application report for pre-tax deduction varies from place to place, so it is necessary to consult the local tax authorities.
What evidential materials should be provided for asset loss? Announcement No.25 of State Taxation Administration of The People's Republic of China (20 1 1) lists detailed types of evidence for different types of assets, which will not be repeated here. As long as it can be fully proved that all or part of the assets owned cannot be recovered, it means that it has suffered losses.
For assets still in the process of recovery, such as accounts receivable, prepayments, foreign loans, etc. There is no sufficient basis to show that they have suffered losses. Bad debt losses and impairment losses should be accrued first, and enterprise income tax should be increased in the annual final settlement.
It should also be noted that some assets have been lost. For example, at present, the customer company has purchased debts on credit, and the customer has gone bankrupt and liquidated. If no special declaration is made in the next five years, the right to pre-tax deduction of bad debts will be lost beyond the time limit for recovering the confirmed costs and expenses.