Peculiarities of accounting and taxation of services of transport and forwarding activity of the enterprise

Nikulina Tetyana
PhD in Economics, Associate Professor, Department of Accounting and Audit, Odessa National Economic University, E-mail:nikulinat@ukr.net

Honchar Mariia
Postgraduate Student, Department of Accounting and Audit, Odessa National Economic University, E-mail:maria.honchar21@gmail.com

Cite this article:

Nikulina, T., Honchar, M. (2019). Peculiarities of accounting and taxation of services of transport and forwarding activity of the enterprise. Ed.: D. V. Zavadska (ed.-in-ch.) and others [Osoblyvosti obliku ta opodatkuvannia posluh transportno-ekspedytorskoi diialnosti pidpryiemstvа; za red.: D. V. Zavadskoi (gol. red.)], Scientific Bulletin of the Odessa National Economic University, No. 6 (269), pp. 147-160.

Abstract

The article is devoted to finding ways to solve the problems of organization and to determine the specifics of forming the methodology of accounting and tax accounting of income and expenses at transport enterprises. It is stated that freight forwarding is an integral part of cargo transportation. The basic aspects of legislative regulation, types of contracts of freight forwarding have been considered and analyzed. Participants and types of services of freight forwarding activity have been allocated. Emphasis is placed on defining the nature of contracts of intermediary type, the nuances of conducting transactions depending on the type of contract chosen. The base of taxation of value added tax has been investigated as well as the ways of settlement of corresponding calculations have been offered. The issue of regulating the process of determining the VAT base of a freight forwarder with the involvement of third parties, both for the provision of transportation services and other ancillary services, in the case where the latter are not payers of value added tax. Alternative options for taxing such transactions, taking into account existing case law and the opinion of experts of the State Fiscal Service of Ukraine have been proposed. Three main groups of operations in the provision of freight forwarding services, which help to facilitate accounting for taxation of value added tax by the freight forwarderhave been determined. It is proved that such a distinction is conditioned by the determination of the place of supply of services. The scheme of accounting conducts for accounting of rendering of services in transportation of cargoes and other additional services arising in transportation of goods and products with involvement of third parties has been developed.

Keywords

enterprise, freight forwarding activity, accounting, taxation, forwarder, customer, foreign economic activity, transportation.

JEL classification: M410; DOI: 10.32680/2409-9260-2019-6-269-147-160

UD classification: 33.657

References

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