Medical equipment warranty fee tax rate

Since the warranty fee was not actually paid at the time of withdrawal, the relevant amount should be added back to the profit when calculating the taxable income. Therefore, the actual tax payable-enterprise income tax is: (1000+ 100)*25%, which is included in the "income tax expense-current income tax" account.

Debit: income tax expense-current income tax (1000+ 100)*25%.

Loan: Taxes payable-enterprise income tax

However, the 1 10,000 warranty expenses form a deductible temporary difference (which can be deducted later), forming a deferred income tax asset 100 * 25%.

Debit: deferred income tax assets

Credit: income tax expense-deferred income tax 100*25%

On the current income statement, the income tax expense is (1000+100) * 25%-100 * 25%.

Net profit = total profit-income tax expense =1000-(1000+100) * 25%+100 * 25%.

By 2009, income tax expenses will be calculated. Only then will the deferred income tax assets confirmed in 2008 be transferred back:

Debit: income tax expense-deferred income tax 100*25%

Loans: deferred income tax assets

That is, on the basis of calculating the current income tax expense according to the adjusted taxable income *25% on the basis of profit, plus 100*25%, it is the income tax expense in 2009. In other words, the net profit in 2009 was less than normal 100*25%.