The amount of the benefit provided for in paragraph 140.4.4 of the TCU, is calculated as follows: the amount of the negative value of the previous reporting year of the taxpayer, and for a large taxpayer – part of the amount of the negative value of the previous reporting year (no more than 50 percent of the outstanding amount), determined within the amount of the profit of the reporting year period, x amount of the basic tax rate: 100.
At the same time, the taxpayer reflects the amount of such a benefit in the PP appendix to the Tax Declaration on corporate income tax (hereinafter – the Declaration), if the indicator in line 04 “Object of taxation (line 02 + line 03РІ)” of the Declaration for the relevant reporting period has a positive the value without taking into account the amount of the negative value of the object of taxation of the past tax (reporting) years.
The amount of profit of the tax (reporting) period, within which the amount of the negative value of the taxable object of the previous tax (reporting) years is determined for the calculation of the amount of the benefit from the income tax provided for in paragraph 140.4.4 of the TCU, there is an indicator in line 04 “Object of taxation (line 02 + line 03RI)” of the Declaration with the sign “+” or “-” without taking into account the amount of the negative value of the object of taxation of past tax (reporting) years , reflected in line 3.2.4 of the RI appendix to the Declaration for such period.
If the object of taxation from income tax in the reporting period has a negative value or is equal to zero without taking into account the negative value of the object of taxation of past tax (reporting) years, then losses to the budget do not occur and the amount of the benefit is not determined.