Exports of goods and services: common and distinguishing features of accounting and taxation

Abstract

The components of export operations, in particular, the export of goods and services, are considered. Their dynamics for 2013–2018 is investigated, the main tendencies of volumes of supply of goods and services to non-residents are determined. The primary documents are researched, on the basis of which the economic transactions of export in the accounting system are reflected. The features of recognition of income in the sale of goods and services to non-residents are determined. It is determined at which accounts export operations are displayed. The peculiarities of taxation of value added tax on the export of goods and services are established. Common and distinctive features of accounting and taxation of such transactions are revealed. The algorithm for determining the VAT rate for the provision of non-resident services is developed. The features of export of goods and services and their influence on accounting and taxation are generalized. The article systematizes the regulatory requirements for the method of displaying export transactions in accounting in order to reduce the number of accounting errors.

Keywords

• export of goods
• export of services
• foreign economic activity
• export tax