Income from the sale of depreciable assets

[den]

When preparing the next quarterly report, an interesting situation arose related to the calculation of corporate income tax. Specifically, the question arose: how should the income received from the sale of an organization's property that has been used for less than the minimum depreciation period be accounted for?

There are two opposing viewpoints:

- The income should be accounted for in full immediately after the sale of the asset.
- The income should be distributed proportionally to the remaining useful life of the asset.

Please share your opinion and provide evidence of your position based on the current tax legislation, the Ministry of Finance's clarifications, or court cases.

[alexa]

hen sellinng property that has been used for less than the minimum depreciation period, the income from the sale is recognized in full at the time of sale. This means that the entire amount of the income is reflected in the tax account immediately upon the transfer of ownership (or the transfer of the property, if it is real estate). The legislation does not provide for the distribution of such income in proportion to the remaining useful life.

Conclusion

- Income from the sale of property that has been used for less than the minimum depreciation period is taken into account at once.
- Losses (if any) are distributed.

This approach is enshrined in Articles 268, 271, and 323 of the Tax Code of the Russian Federation and is supported by letters from the Ministry of Finance and court practice.