Enterprise income tax 21 years preferential policies

I. Preferential Policies on Adding Deductions for Research and Development Expenses

The Ministry of Finance Announcement of the State Administration of Taxation on Further Improving the Policy of Pre-tax Deduction of Research and Development Expenses(() Ministry of Finance Announcement of the State Administration of Taxation No. 13 of 2021)

Manufacturing enterprises to carry out research and development activities in the actual incurred R & D costs, not formed intangible assets included in current profit and loss, in accordance with the provisions of the actual deduction on the basis of the January 1, 2021 onwards, and then in accordance with the actual amount of deduction of 100% pre-tax; the formation of intangible assets, January 1, 2021 onwards, in accordance with the cost of intangible assets 200% of the pre-tax deduction. If an intangible asset is formed, from January 1, 2021, it will be amortized at 200% of the cost of the intangible asset before tax.

"Announcement of the State Administration of Taxation on Relevant Issues Concerning the Further Implementation of the Policy of Adding Deduction for R&D Expenses"(Announcement of the State Administration of TaxationNo. 28 of 2021)

The State Administration of Taxation on Further Implementing the Policy of Adding Deduction for R&D Expenses No. 28)

Policy Points:

1. Issues on the enjoyment of the policy of additional deduction of R&D expenses for the year of 2021

2. Issues on the style of auxiliary accounts for R&D expenditures

3. Issues on calculation of the limits of other related expenses

New Policy Guidelines on Pre-tax Deduction of R&D Expenses

Policy Points:

1. Scope of the policy on additional deduction of R&D expenses

2. 75% deduction of R&D expenses for enterprises other than manufacturing industries

3. The proportion of R&D cost deduction for manufacturing enterprises has been increased to 100%

4. The determination of whether a multi-employer enterprise belongs to the manufacturing enterprises

5. The pre-payment declaration in October can enjoy the preferential treatment of R&D cost deduction in the first half of the year in advance

The second preferential policy for small, medium and micro-enterprise tax

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"Ministry of Finance Announcement of the State Administration of Taxation on the Implementation of Preferential Policies for the Income Tax of Small and Medium-sized Enterprises and Individual Industrial and Commercial Households

( Ministry of Finance Announcement of State Administration of Taxation No. 12 of 2021)
Policy Points:
1. For the part of the annual taxable income of small and micro-profit enterprises that is not more than 1 million yuan, the Ministry of Finance and the State Administration of Taxation (SAT) will issue a tax exemption for small and micro-profit enterprises on the basis of the "Regulations of the Ministry of Finance on the Implementation of Small and Micro-Enterprises' General Taxation Laws and Regulations". General Administration of Taxation on the implementation of small and microenterprises preferential tax relief policy notice" (Cai Shui [2019] No. 13) on the basis of the preferential policies stipulated in Article 2, and then halved the enterprise income tax.
2. For individual industrial and commercial households with annual taxable income not exceeding 1 million yuan, on the basis of the current preferential policies, the individual income tax will be reduced by half.
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The Announcement of the State Administration of Taxation on Matters Related to the Implementation of Preferential Policies on Income Tax for Supporting the Development of Small and Micro-profit Enterprises and Individual Entrepreneurs
The State Administration of Taxation on the Implementation of Preferential Policies on Income Tax for Supporting the Development of Small and Micro-profit Enterprises and Individual Entrepreneurs
"(State Administration of Taxation Announcement No. 8 of 2021)
Policy Points:
1. Matters related to the policy of halving the income tax for small micro-profit enterprises.
2. Matters related to the policy of halving the individual income tax for individual business households.
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"Announcement of the State Administration of Taxation Ministry of Finance on Matters Relating to the Deferral of Payment of Partial Taxes and Fees by Manufacturing Small, Medium and Micro Enterprises in the Fourth Quarter of 2021"< (State Administration of Taxation Announcement No. 30 of 2021)
Policy Points:
1. The referred manufacturing SMEs refer to those enterprises whose industry category in the National Economic Industry Classification (NEDIC) is manufacturing industry and whose annual sales are more than 20 million yuan (including 20 million yuan). (including 20 million yuan) 400 million yuan (excluding 400 million yuan) of enterprises (hereinafter referred to as manufacturing medium-sized enterprises) and annual sales of 20 million yuan (excluding 20 million yuan) of enterprises (hereinafter referred to as manufacturing small and micro enterprises).
2. The deferred taxes and fees include enterprise income tax, individual income tax (except withholding), domestic value-added tax, domestic consumption tax, urban maintenance and construction tax, education surcharge, local education surcharge for the period of October, November and December 2021 (monthly) or the fourth quarter of 2021 (quarterly), excluding the taxes and fees payable when applying for invoices from tax authorities. The tax paid by the tax authorities.
3. Manufacturing small, medium and micro enterprises in line with the conditions set out in this announcement, in accordance with the law to deal with the tax declaration, manufacturing medium-sized enterprises can defer payment of 50% of the amount of taxes and fees provided for in Article 3 of this announcement, manufacturing small and micro enterprises can be deferred to pay all the taxes and fees provided for in Article 3 of this announcement. The period of deferral is 3 months. Upon the expiration of the deferred period, the taxpayer shall pay the deferred taxes and fees in accordance with the law.
Three Pre-tax Deduction of Public Welfare Donations
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The Ministry of Finance and the State Administration of Taxation on the Recognition of China's Red Cross Donations and the Implementation of the "China Red Cross Donation Policy". Announcement of the Ministry of Finance and the State Administration of Taxation on Confirming the Eligibility for Pre-tax Deduction of Public Welfare Donations by Mass Organizations such as the Red Cross Society of China and Other Mass Organizations for the Period of FY2021-FY2023(Announcement of the Ministry of Finance and the State Administration of Taxation No. 26 of 2021)
Policy Points.
The list of mass organizations eligible for pre-tax deduction for public welfare donations from 2021 to 2023 includes the following:
1. Red Cross Society of China
2. All China Federation of Trade Unions
3. China Soong Ching Ling Foundation
4. China Foundation for International Exchange of Talents
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"Announcement of the Ministry of Finance and the State Administration of Taxation on Matters Relating to Pre-tax Deduction of Public Welfare Donations through Public Welfare Mass Organizations"( Ministry of Finance General Administration of Taxation Announcement No. 2021)
Policy Points:
Enterprises or individuals donating through public welfare mass organizations for public welfare charitable undertakings in compliance with the provisions of the law are allowed to make deductions in calculating taxable income in accordance with the provisions of the tax law.
09
"Announcement of the Qualification List for Pre-tax Deduction of Donations of Public Welfare Social Organizations by the Ministry of Finance General Administration of Taxation and Ministry of Civil Affairs on the Second Batch of Donations of Public Welfare Social Organizations in 2020-2022". Announcement on the Eligibility List for Pre-tax Deduction of Donations by Social Organizations of the Ministry of FinanceMinistry of Finance General Administration of Taxation Ministry of Civil Affairs Announcement No. 5 of 2021Ministry of Civil Affairs on the Donations of Social Organizations of the Second Batch of Public Welfare Organizations in 2020-2022 )
Policy Points:
In accordance with the relevant provisions of the Law of the People's Republic of China on Enterprise Income Tax (CPCEIT) and the Implementing Regulations of the CPCEIT Law, and in accordance with the Ministry of Finance's On Public Welfare Donations for the Public GoodsSecretariat of Taxation and Civil Affairs
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"Ministry of Finance General Administration of Taxation, Ministry of Civil Affairs on the public welfare donations of pre-tax deduction qualification confirmation of the relevant matters of convergence"(Ministry of Finance). (Ministry of Finance, State Administration of Taxation, Ministry of Civil Affairs Announcement No. 3 of 2021)
Policy Points:
In order to encourage public welfare donations, do a good job of the "Ministry of Finance, State Administration of Taxation, Ministry of Civil Affairs Announcement on Matters Related to Pretax Deductions for Donations of Public Welfare"(Ministry of Finance
Four, other policies
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"Ministry of Finance and other four departments on the announcement of the and
of the bulletin
. (Ministry of Finance General Administration of Taxation General Administration of Development and Reform Commission Ministry of Ecology and Environment Announcement No. 36 of 2021. )
Policy Points:
In order to cultivate and grow energy-saving and environmental protection industries, and to promote the efficient and economical utilization of resources, the "Catalogue of Preferential Income Tax Incentives for Enterprises Engaged in Environmental Protection, Energy-saving and Water-saving Projects (2021 Edition)" and the "Catalogue of Preferential Income Tax Incentives for Enterprises Engaged in the Comprehensive Utilization of Resources (2021 Edition)" are issued by the Ministry of Environmental Protection of the People's Republic of China (MEPC).
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Announcement of the State Administration of Taxation, National Development and Reform Commission, and Ministry of Ecology and Environment on Issues Relating to the Implementation of Income Tax Policies for Third-Party Enterprises Engaged in Pollution Prevention and Control(Announcement of the State Administration of Taxation, National Development and Reform Commission and Ministry of Ecology and Environment No. 11 of 2021). No. 11 of 2021)
Policy Points:
1. Preferential Matters Handling Methods
2. Main Retained Docket Information
3. Related Follow-up Management
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"Announcement of the Ministry of Finance Secretariat of Taxation on the Extension of Some Preferential Tax Policies for Responding to the Epidemic"(Ministry of Finance Secretariat of Taxation strong> Announcement of the State Administration of Taxation No. 7 of 2021)
Policy Points:
In order to further support the prevention and control of the epidemic, and help enterprises to
To further support the prevention and control of the epidemic and to help enterprises ease their difficulties, the implementation period of the preferential policies on taxes and fees, such as the Announcement of the Ministry of Finance and the State Administration of Taxation on the Taxation Support Policies for the Movie Industry and Other Sectors (Announcement of the Ministry of Finance and the State Administration of Taxation No. 25, 2020), was extended.
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"Announcement of the Ministry of Finance and the State Administration of Taxation on the Extension of the Period for the Implementation of Certain Preferential Tax Policies" (Circular of the Ministry of Finance and the State Administration of Taxation No. 25 of 2020) (). Ministry of Finance Announcement of the State Administration of Taxation No. 6 of 2021)
< strong>Policy Points:
To further support the development of small and micro-enterprises, scientific and technological innovation and related social undertakings, the Circular of the Ministry of Finance and the State Administration of Taxation on the Enterprise Income Tax Policies Relating to the Deduction of Equipment and Apparatus (Cai Shui [2018] No. 54), and the Ministry of Finance and the State Administration of Taxation on the Issues of Policies Relating to the Deduction of Insurance Company's Reserve Expenditures before the Enterprise Income Tax Notice (Cai Shui [2016] No. 114) and other documents, the implementation period of the tax incentives has been extended.
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"Ministry of Finance General Administration of Taxation Ministry of Civil Affairs' Announcement on the Exemption of Enterprise Income Tax for Enterprises Manufacturing and Assembling Specialized Supplies for Disabled PersonnelMinistry of Civil Affairs on the Exemption of Announcement on Enterprise Income Tax Exemption for Enterprises Manufacturing and Assembling Specialized Supplies for Disabled Persons(Ministry of FinanceMinistry of FinanceAnnouncement 20 strong> General Administration of Taxation Ministry of Civil Affairs Announcement No. 14 of 2021)
Policy Key Points:
In order to help rehabilitate disabled persons or restore the function of disabled limbs, from January 1, 2021 to December 31, 2023, enterprises producing and assembling specialized supplies for disabled persons are exempted from enterprise income tax.
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"Announcement of the State Administration of Taxation on the Caliber of Issues Concerning the Collection and Administration of Certain Policies of Enterprise Income Tax< (State Administration of Taxation AnnouncementNo. 17 of 2021. )
Policy Points:
1. Deduction of Costs Related to Public Welfare Donation Expenditures
2. Tax Treatment of Conversion of Convertible Bonds into Equity Investments
3. Tax Treatment of Cross-border Mixed Investment Businesses
4. Tax Treatment of Assets after the Change of Enterprise Income Tax Approved Collection to Account-based Collection
5. Tax Treatment of Assets of Cultural Relics and Works of Art
6. Revenue Recognition of Enterprises Acquiring Government Financial Funds

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"The State Administration of Taxation on the Issuance of Chinese People's **and **and State Enterprise Income Tax Monthly (Quarterly) Advance Payment Tax Return (Category A)>Announcement (State Administration of Taxation AnnouncementNo.3 of 2021)
Policy Points:
In order to further reduce the burden of taxpayers and optimize the way of law enforcement, the SAT has decided to "revise the check-and-collect The SAT has decided to "revise the check-and-collect enterprise income tax prepayment tax return form and simplify the form style", and the simplified "Monthly (Quarterly) Enterprise Income Tax Prepayment Tax Return (Class A) of the People's Republic of China" will come into effect on April 1, 2021 after the simplification.