How Marketplace Sellers Can Optimize Tax Accounting

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Managing tax accounting on marketplaces is a difficult task. The difficulty lies in the nuances. For example, in accurately accounting for all income and expenses, especially marketplace commissions.

Daniil Smirnov, leader of the Online Accounting service at Tochka, discussed how to optimize tax accounting and avoid common mistakes.

The columnist explained how to ensure transparency of financial transactions so that the seller's business can successfully develop and adapt to changes on popular trading platforms.

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Content:

Why tax accounting is needed on netherlands whatsapp phone number marketplaces
How the relationship between the seller and the marketplace works
How to choose the right tax regime
How to calculate tax when working with marketplaces on NPF and USN "Income" and individual entrepreneurs on OSNO
Common Mistakes and How to Avoid Them
Optimization of tax accounting: expert recommendations


Why tax accounting is needed on marketplaces
On marketplaces, sellers and platforms interact on the basis of an agency agreement, which is regulated by Chapter 52 of the Civil Code of the Russian Federation. When registering a personal account on the marketplace, the seller automatically accepts the terms of the offer from the site.

Chapter 52 of the Civil Code of the Russian Federation regulates agency agreements. According to it, the agent undertakes to perform legal and other actions for a fee on behalf of the principal on his own behalf or on behalf of the principal.

The marketplace assumes the role of an agent, and the seller assumes the role of the principal. Even if the offer does not contain such terms, the contract still implies that the agent sells goods on behalf of the principal, receiving a commission.

Despite the apparent simplicity of the process, each seller is obliged to independently maintain tax records. Mistakes here can lead to serious financial consequences, including additional tax assessments, fines, and even account blocking.

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