Can enterprises donate epidemic prevention materials for tax deduction

Enterprises and individuals donating cash and goods used to deal with the new coronavirus infection of pneumonia epidemic, can enjoy tax deduction policy, but need to be established and registered through the law to obtain public welfare donations pre-tax deduction qualification of public welfare organizations, people's governments at or above the county level, or directly to hospitals undertaking the task of epidemic prevention and treatment of the implementation of the donation.

Enterprises through public welfare organizations or people's governments at or above the county level and their departments and other state organs to donate cash and goods used for epidemic prevention and control, directly to the hospitals undertaking the task of epidemic prevention and control donations of epidemic prevention and control of goods, allowed in the calculation of taxable income, the full amount of deduction. However, it should be noted that direct donations to hospitals undertaking the task of epidemic prevention and control can only be epidemic prevention materials can be issued by the hospital with the donation of the letter of acceptance of pre-tax deductions, such as direct donations of cash, according to the provisions of the pre-tax deduction is not allowed. Enterprises and individuals through public welfare organizations or people's governments at or above the county level and its departments and other state organs, donations to cope with the new coronavirus infection of pneumonia epidemic cash and goods, allowed in the calculation of corporate income tax or personal income tax tax taxable income when the full amount of deduction. Donations accepted by state organs and public welfare social organizations shall be used exclusively for the work of responding to the pneumonia epidemic of new coronavirus infection and shall not be diverted for other purposes.

: The state in the case of encouraging donations, for the donation of units, individuals or organizations to provide a more comprehensive tax credit preferential policies, but also to regulate the donation activities, clear donor, donee and beneficiaries of the rights and obligations, in order to put an end to the name of the public welfare to seek illegal benefits, so as to promote public welfare can be healthy and orderly development.

Legal basis: "People's Republic of China *** and the implementation of the State Enterprise Income Tax Law Regulations" Article 53 of the enterprise occurred in the current year and the previous year's carry-over of public welfare donations, not more than 12% of the total annual profit part of the deduction is allowed.