VAT rate of intangible assets transfer
6% is applicable to the value-added tax of intangible assets transferred by enterprises, but 9% is applicable to the transfer of land use rights.
Intangible assets include social intangible assets and natural intangible assets. Among them, social intangible assets usually include patent right, non-patented technology, trademark right, copyright, franchise right and land use right. Natural intangible assets include natural resources such as natural gas without physical form.
Accounting entries of intangible assets transfer
Debit: bank deposit
accumulated amortization
Intangible assets impairment reserve
Loan: intangible assets
Taxes payable-VAT payable-output tax
Asset disposal gains and losses, etc.
Accounting measurement of intangible assets
When intangible assets are acquired, they are recorded according to the actual cost at the time of acquisition.
The recorded value of the purchased intangible assets includes the actual purchase price, relevant taxes and fees and other expenses attributable to the assets to achieve the intended purpose.
For the intangible assets developed by ourselves and applied for according to legal procedures, the entry cost includes the registration fee, lawyer's fee and other expenses incurred at the time of acquisition, and the intangible assets are debited and credited.
bank deposit
And other subjects.
Intangible assets invested by investors shall be determined according to the value agreed in the investment contract or agreement, but if the agreed value is unfair, it shall be accounted for according to the fair value of intangible assets.
Intangible assets obtained by government subsidies shall be measured at fair value; If the fair value cannot be obtained reliably, it shall be measured in nominal amount.