Improvement of the system for distributing value-added tax of fixed assets

The article reveals the impact of the current system of calculating the value added tax (VAT) of fixed assets on the net profit of the reporting period and the payment of dividends. The difference in the calculation of depreciation of a fixed asset and its attribution to the cost of goods sold is shown when the VAT amount is entered into the initial cost of the fixed asset and without taking it into account on the "Fixed assets" account as an example of the purchase of production equipment by an enterprise.