Excess food and beverage tickets can be collected by meeting fees and directors' dues, and meeting fees can be collected according to the facts, but legal documents that can prove their authenticity should be provided. Excess food and beverage can be collected as expenses, but the income tax can not be deducted before tax, and the income tax should be adjusted.

There is a pre-tax deduction standard for business entertainment expenses in the tax law, and the part exceeding the standard will be adjusted when the year-end income tax is settled. Namely:

Income Tax Law Article 43 Hospitality expenses incurred by an enterprise in connection with its production and business activities shall be deducted according to 60% of the amount incurred, but the maximum amount shall not exceed 5‰ of the sales (business) income of that year.

For example, in 2006, the main business income of an enterprise (domestic capital) was 2 1 10,000 yuan, and other business income was 3 million yuan. This year, 300,000 yuan is included in the management fee.

According to the tax law, the business entertainment expenses that can be deducted before tax are = 30 * 60% = 18 (ten thousand yuan), but the maximum deduction limit is = 2400 * 5 ‰ = 12 (ten thousand yuan), so only the business entertainment expenses can be deducted, and the taxable income should be increased 180 thousand yuan.