My unit is a sewage treatment plant, tax-exempt enterprises, by the Finance Bureau allocated operating funds, please pay corporate income tax, how to do the accounting entries when you receive the gra

My unit is a sewage treatment plant, tax-exempt enterprises, by the Finance Bureau allocated operating funds, please pay corporate income tax, how to do the accounting entries when you receive the grant If it is allocated to the sewage treatment service fees then it should be the main business income

Accounting entries:

Borrow: bank deposits

Credit: main business income

Sewage treatment income tax is paid according to the prescribed tax rate.

Enterprises engaged in qualified environmental protection, energy-saving and water-saving projects can be exempted or reduced from enterprise income tax. Accordingly, the implementing regulations specify that enterprises engaged in public **** sewage treatment, public **** garbage disposal, comprehensive development and utilization of biogas, energy-saving and emission reduction technology transformation, seawater desalination and other projects, since the project to obtain the first production and operation income from the taxable year, to give "three exemptions and three halves" preferential.