A legal entity, for the needs of uninterrupted operation of its own business, installed solar panels on the roof of the building, purchased an inverter and batteries for storing electricity. The business owner does not plan to sell the excess energy that will be produced. Read below what accounting features should he take into account in order not to violate the terms of the legislation.
Rules for registering objects
With the beginning of a full-scale war, unpredictable power outages due to missile and drone attacks by the enemy have become frequent. Therefore, business representatives have begun to take care of individual uninterrupted power supply even during outages. This has become possible thanks to numerous preferential programs for the purchase and installation of alternative energy sources. However, such stations require appropriate notification to tax authorities.
According to the legislation, objects of taxation are property and actions in connection with which the taxpayer has obligations to pay taxes and fees.
For the purpose of tax control, taxpayers, in accordance with item 63.3 of the Tax Code, are subject to registration or registration with regulatory authorities at the location of legal entities, separate divisions of legal entities, the place of residence of a person (the main place of registration), as well as at the location (registration) of their divisions, movable and immovable property, objects of taxation or objects that are related to taxation or through which activities are carried out (hereinafter - objects of taxation) (secondary place of registration).
The taxpayer is obliged to register with the relevant regulatory authorities at the main and secondary place of registration, to report all objects of taxation to the regulatory authorities at the primary place of registration in accordance with the Procedure for Registration of Taxpayers and Fees, approved by Order of the Ministry of Finance No. 1588 of December 9, 2011 (hereinafter - Procedure No. 1588).
According to item 8.4 of section VIII of Order No. 1588, applications for objects of taxation or objects related to taxation or through which activities are carried out under form No. 20-ОПП (hereinafter - Application under form No. 20-ОПП) shall be submitted within 10 working days after their registration, creation or opening to the supervisory authority at the taxpayer's main place of registration.
The principle of information aggregation in file No. 20-ОПП
When submitting an application under form No. 20-ОПП, the principle of consolidation of information provided about the object of taxation is applied.
The principle of information consolidation does not apply when providing information about movable and immovable property that is subject to registration with the relevant state body and obtaining the appropriate registration number.
If information is submitted about a solar power plant that is used exclusively for its own needs (not for the sale of electricity), and its use is directly related to conducting business activities, it is sufficient for the business entity to notify the regulatory authority about the tax objects on the territory of which it is located.
Therefore, the application for form No. 20-ОПП indicates information about the territory and/or premises, building, structure, etc. where the solar power plant is installed/stored, with the selection of the appropriate code for the type of tax object that most closely matches its functional purpose.
