When an enterprise sells intangible assets, the difference between the price obtained and the book value of the intangible assets and taxes payable shall be included in the current profit and loss (non-operating income or non-operating expenses). The relevant accounting entries are as follows:

Debit: bank deposits

Provision for impairment of intangible assets

Accumulated amortization

Non-operating expenses (debit balance)

Loan: Intangible assets

Taxes payable - business tax payable

Non-operating income (credit difference)

For leasing intangible assets The most common accounting treatment method for value amortization is: when an enterprise leases intangible assets, the rent obtained shall be recognized in accordance with the provisions of "Accounting Standards for Business Enterprises No. 14 - Revenue" and recorded in other business income; at the same time, according to the matching principle, any incurred Various expenses related to the transfer are recorded in other business cost accounts.

Extended information

The scope of intangible asset collection includes: transfer of land use rights, transfer of trademark rights, transfer of patent rights, transfer of non-patented technology, transfer of copyright, and transfer of goodwill.

(1) Transfer of land use rights: No business tax is levied on the transfer of land use rights by the land owner and the return of the land use rights by the land user to the land owner.

Land leasing is not taxed according to this tax item.

(2) Transferring trademark rights: the act of transferring ownership or use rights of a trademark.

(3) Transfer of patent rights: ownership or use rights of patented technology.

(4) Transfer of non-patented technology: The ownership or right to use non-patented technology, and the act of providing technology without ownership are not taxed according to this tax item.

(5) Transfer of copyright: the act of ownership or use rights. Works include written works, graphic works (such as picture albums, photo albums), and audiovisual works (such as movie masters and video tape masters).

(6) Transferring goodwill: the act of transferring the right to use goodwill.

The power generation grid indicators held by the company do not fall within the scope of the above-mentioned intangible assets subject to business tax, and do not need to pay business tax. At the same time, sales of goods and provision of taxable services are not subject to VAT and do not need to pay VAT.

Reference: Baidu Encyclopedia-Intangible Assets