The organizations have the right to reduce the sum of deduction tax according to the Excess Profits Law. Its amount is equal to the security deposit for the tax transferred to the federal budget from October 1 to November 30, 2023. The deduction amount cannot exceed half the tax sum. When the tax payment period comes, the security deposit is recognized as tax paid. The tax itself must be paid no later than January 28, 2024.
So, the security deposit in the amount of half the tax sum is transferred and the right to deduct is used from October 1 to November 30, 2023, the tax liability as of January 28, 2024 will be recognized as fulfilled.
The authority has given similar explanations in August and September. Document: Letter of the Ministry of Finance of Russia dated October 13, 2023 N 03-03-06/1/97405.
So, the security deposit in the amount of half the tax sum is transferred and the right to deduct is used from October 1 to November 30, 2023, the tax liability as of January 28, 2024 will be recognized as fulfilled.
The authority has given similar explanations in August and September. Document: Letter of the Ministry of Finance of Russia dated October 13, 2023 N 03-03-06/1/97405.