first, the concept and scope of business hospitality.

the so-called business entertainment expenses refer to the entertainment expenses paid by enterprises for the reasonable needs of production and business operation. In the practice of tax law enforcement, the specific scope is as follows: the expenses for banquets or working meals due to the needs of enterprise production and operation; Expenses for giving souvenirs due to the production and operation of enterprises; Expenses for visiting tourist attractions, transportation expenses and other expenses incurred due to the production and operation needs of enterprises.

ii. accounting treatment

1. accounting treatment of catering expenses. When traveling on business, my daily meals can be included in the travel expenses of "management expenses" (normal meals for business travelers, excluding banquets); When the company organizes a meeting, the meal fee can be included in the meeting fee; When employees have dinner, they can be included in employee welfare funds; Overtime meals for employees can be included in employee welfare expenses.

2. Generally, the accounting treatment of business entertainment expenses should be included in the second-level subject of "management expenses", and the business entertainment expenses incurred by the enterprise during the preparation period should be included in the subject of "management expenses-organization expenses".

iii. according to the tax law, the business entertainment expenses incurred by an enterprise related to production and business activities shall be deducted according to 61% of the amount incurred, and the maximum amount shall not exceed 5‰ (five thousandths) of the sales (business) income of that year. The tax authorities shall provide sufficient valid vouchers or materials to prove the true occurrence of the business entertainment expenses deducted by the enterprise if they require proof materials.

if it cannot be provided, it shall not be deducted before tax. The contents of the certification materials include the amount of expenditure, business purpose, business relationship with the entertainer, and the time and place of entertainment. Personal entertainment expenses and hobby expenses of enterprise investors or employees shall not be declared and deducted as business entertainment expenses.

Extended information:

Article 43 of the Implementation Regulations clearly stipulates that the entertainment expenses incurred by enterprises related to production and business activities shall be deducted according to 61% of the amount incurred, and the maximum amount shall not exceed 5‰ (five thousandths) of the sales (business) income of the current year.

business entertainment is a business that often happens for the purpose of business contact, promotion and social relations. The new Regulations on the Implementation of the Enterprise Income Tax Law has changed the previous deduction ratio. As a reasonable cost of enterprise's production and operation, business entertainment can be truthfully charged according to the accounting system, and the tax law stipulates that it can be deducted before income tax within a certain proportion, and the part exceeding the standard cannot be deducted.

if the tax authorities require proof of the business entertainment expenses declared and deducted by the enterprise, they should provide sufficient valid vouchers or materials to prove the real occurrence. Can not provide, shall not be deducted before tax. The contents of the certification materials include the amount of expenditure, business purpose, business relationship with the entertainer, and the time and place of entertainment.

Personal entertainment expenses and hobby expenses of enterprise investors or employees shall not be declared and deducted as business entertainment expenses.

Baidu encyclopedia-business entertainment expenses